WE WILL IMO BE TIGHTLY BOTTLED (range bound)
Do not personally see a run in the share price on PP news...bought deal if it turns out ..which
does not seem to the becase or would have been announced as such...oversubscribed tho?
sure as their is already an ove-rallotement provision in the wording today.
We are in my experience not going to run to X amount of PPS valuation on PP news.
Till it closes the valuation will be boxed-and no news that drives story
based stocks like what we are...can be expected during this phase
of capital solicement...sure some stuff is absolutely going to be said
and access to being able to talk to Guptka one on one for the qualified
pariticipants will be made available and I can guarantee one and all
as can anybody else on this thread posting or lurking can attest to
those who are participating in this PP will get a bill of goods related
to deals made...deals coming and exit plan strategy that you and I
as the common share holders vs PP participants would not be privy
to-those that say this cannot be done have never participated in the PP
process...if it were a senior company on a senior exchange vs small
cap play on a junior exchange...those types of convos are not
as brazen but when they are of small cap status and junior exchange listing?
you bet your bottom dollar cuz been there on a couple of plays myself
as a PP participant or solicited to participate and needed to talk to the
CEO myself-on one instant with Frank Callaghan running then International
Wayside Gold Mines now called Caribou Gold Mine...I declined after
a near 1/2 dialogue over the phone.
So this thing will be "caged" for some time...in much the same manner I had
postulated on the thread last week it was being managed to facillitate
what I expected..thought to be a PP pending as $2million in the corporate
kitty given the exponential expected rate of growth and traction in the TNG revenue
model expected for 2nd half of 2014...just wasn't enough for them to run fast forward
on.
Good thing is...you have a set floor...it may meander a penny or two below the PP strike
but will bounce back to that level...could even trade a penny or so higher...but like I have maintained
the valutions righ tnow on TNG are exceedingly low based an exceedlingly and excessively low balled 1% penetration rate put out by the covering house talking head...once they are in the PP and it closes you can expect...you hear it hear first...you can expect those SAME covering house(s) using the 1% metrix to change it accordingly-probably IMO assuming 5% penetration rate (again conversative...that way the company on each CC and reporting period beats minimal based street basedf expectations) and share price targets above the $1 mark accordingly and I fully expect this will all happen between now and spring 2014 FWIW.
Call me bullish-yet prudent cautious on this one-best of the breed in its class and IMO an outstanding opportunity for investment opportunity at the prescribed levels of entry.
SS