OTCPK:NWKRF - Post by User
Comment by
MNK3240on Jan 16, 2018 10:54am
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Post# 27367504
RE:HIP is infected by the “Short” plague
RE:HIP is infected by the “Short” plagueFor now short position actually does not matter for HIP stock holders. The only math everyone is doing is that if the deal goes through as is 33 for 1000, then based on current stock prices (both HIP and CMED), you end up HIP 0.83c/share on the deal date. So theoritically, if CMED's price stays around $25, your HIP price is .83c. Question is after merger, should CMED's stock price go up, HIP holders will get the benefit accordingly. But for whatever reason, if CMED goes down, so goes HIP. That's why so much talk.
33 for 1000 was the dumbest deal (may be not for the dealmakers though?)!