OTCQX:LVNVF - Post by User
Comment by
rumourmillon Oct 09, 2015 11:02pm
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Post# 24181657
RE:Pershing / deals / contacts
RE:Pershing / deals / contactsThe IR guy once mentioned that the biotech company would go to $1 per share. I wonder if that is sill the plan. Interestingly Pershing Gold (PGLC) is not following the gold rally. I think majority of the shareholders were upset over the Pershing(PGLC) investment. Management may have been googly eyed in the presence of the billionaires and may have also been motivated by the change of control fees(I believe it was in the millions of dollars) that they rewarde themselves.
Hopefully they use some of that money to buy this stock. They should dump their PGLC and buy something better like EDV.
So far it seems that these billionaires don't have much clout with the rest of the market.
It's been a win win for the billionaires. They got our money for the biotech deal, they got our money for their gold play and they got shares in probably the best leveraged silver stock in the market for next to nothing.