GREY:RGVNF - Post by User
Comment by
redoctober777on Mar 02, 2011 6:41pm
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Post# 18222008
RE: Bullish on REV SP
RE: Bullish on REV SPWhat am I missing here?
REV has sold (or is about to sell) it's stake in EUGS in exchange for restricted stock.
This means REV will not participate in the EARNINGS of EUGS or any of it's subsidiaries.
EUGS can (and probably will) go to moon and REV will still be stuck on the ground with "a leaky fuel tank."
If you want to benefit from the rise in EUGS stock, then BUY EUGS STOCK! (How hard is this?) Buying REV to participate in any gains of EUGS would be extremely unwise, not to mention ridiculous.
There is indeed a BRIGHT LIGHT ahead for EUGS, not for REV.
And EUGS stock is much too liquid for it to remain in the REV treasury.
Once the trading restrictions lift, we all know what RW will do at that point.
RECOMMENDATION: Sell REV and don't look back. Buy EUGS and look forward.