Post by
Stockhound98 on Jan 16, 2018 1:58pm
USD100m investment
This is almost definitely a stupid question, however I really don't understand the logic of any fund investing into a company at near to 7 times the current share price. Would someone be able to explain the logic behind this and the implications that this will have on a company like BTRU? This is a very simple hypothesis but from a basic view point, if an investment fund is willing to pump in USD100m at CAD3 per share, surely the market value of this company is sufficiently under what it should be?
Comment by
SCORPION34 on Feb 15, 2018 8:14pm
I am very skeptical. This is just an idea at this point. No business yet. Uninvestible. What would the SHarks do with this company?? Pass
Comment by
87Mustang on Feb 15, 2018 11:05pm
its tough to get in now at $1 .. wish I acted when it was 58 cents... also gotta be careful of shorts.. ive seen this all too many times
Comment by
Urbani on Feb 16, 2018 2:35am
Nothing to worry about... shorts coming in with a PP closing at $3.80 CAN ... hmmm... I would not be shorting BTRU that is for sure ! ha... at any rate no worries here... I will be keeping this stock over the next while anyways... why would you sell now... the PP for $100 Million U.S. is going through... so...
Comment by
GMon on Feb 16, 2018 10:22am
This is not a penny stock anymore. Trading north of a buck today. Market is believing the story