OTCPK:JENGQ - Post by User
Comment by
8675309Jennyon Jul 29, 2015 11:18am
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Post# 23971616
RE:The market's $1 billion question
RE:The market's $1 billion question
odd post. For whatever reason, people cannot get their brain around the concept of selling a contract, and then going to the other side and buying the offset. This imbedded number is currently around 1.8 Billion dollars. All of this is disclosed by the company, and this simple concept explained in the last conference call. This of course means there is little risk. As for cash .... and making money .... when you buy back debt, and you pay dividends ... that's cash and cannot be made up by an accountant or bashed by a short seller. Those are the facts, and that's why two billionaires have joined the party. But its only the beginning. TD has a buy, and owns 5m shares, US firm has a 9 dollar Canadian target. The short sellers Koolaid stand has been shuttered, and they are quietly getting out of town, with the short position constantly falling. The will target a new company with mis-information in their short and distort careers.