FIN ......3 reasons...... Anyone looking to sell FIN for a profit immediately is hurting right now, especially those stuck with non-tradable stock til April, but three things I know:
1. There’s $3m in the bank, and Google Finance is showing the market cap of FIN at less than $1 million.
2. Management knows that April stock is looming, and that if they don’t have a deal as good (or better) in place by then, they’re going to get creamed.
3. Management owns stock, so they’re motivated to get things sorted.
I’m told they’re absolutely looking to the same space, and we’ve seen a few other companies secure deals in the product area recently (the
Golden Leaf Juju Joints deal today being a great example).
To me, there’s no upside in selling now, though you may be tempted to take your profits if you’ve been there for a long time and are still in the green. I’m holding non-tradable stock, so I’m in the red, but I’m not bugging about it. If the current share price is the low (and it’s up 12% today as I write this), I’d say there’s an above average chance it moves up in the weeks ahead.
https://equity.guru/2017/03/16/mailbag-finore-fin-c-nano-one-nno-v-and-more/