TSXV:NSP.H - Post by User
Comment by
MustBuyloWon Jun 01, 2020 1:58pm
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Post# 31097404
RE:RE:Pros and cons
RE:RE:Pros and cons
thanks for your comment DKM I own many shares of NSP, but im skeptical and apprehensive as since IPO every pump has rendered worst results shortly after.. One question i have is considering the PP is still open. Lets assume just for seeing both side of possiblity...With this placement being "private" couldnt NSP just use PP funds to buy their own stock while some restricted holders can offload in Gypsy swap style i mean its no secret that NSP executive doesnt mind offloading their stock when the opportunity presents itself such as the gypsi almost 1 year ago...When it closes, the stock is reserved and the price is right. But where does that price sit...my guess is the PP would close as soon as the stock can trade hands over 0.071 on the venture or conversions on the OTC that would get the big fish eating the little fish. This explanation above still makes one really want to heavily participate in the PP, but still why wouldnt investors jump in on the PP. Maybe because bankrupcy is knocking and this is one last great attempt to carry operations threw another cycle. But if i really believed that last bit i would sell the stock i own... So here i am watching and holding and hoping for NSP to succeed. I'll probably really regret not getting in on this PP, but something isnt sitting right about it.