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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Post by SilverSaver333on Jan 20, 2016 6:42pm
213 Views
Post# 24478764

BBI Target Price Reduction from Paradigm Capital

BBI Target Price Reduction from Paradigm CapitalIt's interesting that Paradigm Capital would announce a drop in the target price so close to an important news release. Until we are informed of the well results, it's impossible to make an accurate prediction of blackbirds future market value. The well could have hit a huge reservoir, or it may be completely dry. Seems like a bit of negligence of the part of Paradigm for not waiting one more trading week for the well results. However, it could also be a very smart way of getting people to start panic selling right into their hands just before news is released. The biggest plus with Blackbird, is that they have absolutely NO DEBT. So when all the other companies start defaulting, (which is already happening) Blackbird will be sitting pretty. Who cares if you take a chance on this and it goes sour. That's why you diversify, because some plays are a gamble. Especially in this market. GLTA and DYODD.
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