OTCPK:GBGPF - Post by User
Comment by
Overdoze1243455on Feb 25, 2018 8:22pm
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Post# 27618478
RE:RE:RE:RE:How many have tendered their shares here?
RE:RE:RE:RE:How many have tendered their shares here?Thelonious wrote: I've voted to get the 3.4 acb shares. I was under the impression that I could still sell my cmed shares on the open market at anytime? or am I wrong?
I know at acb less than 12.65 it's better to take cash but the 2000 shares of cmed I have left, I intend to hold long term when they convert to acb unless some horrendous news comes out (for example like fraud for the crypto stock RIOT) forces me to sell.
I did sell most of my shares of cmed and am sitting on cash as you are right, in that it's a rocky market right now. I am still holding some because this market is unpredictable and I don't want to miss any runs up due to big news like a superior offer or something like that.
If cmed dips significantly again, I will buy some more.
I think you would agree acb long is likely a good hold.
So, in summary, I think it's best to hold some shares long and have cash on hand to buy if it dips. Now if being a trader is your job then perhaps your strategy should be different.
I did the same thing. hold some shares and keep some Cash.
at the present, as we see, not much profit after conversion.
I may "do nothing" til conversion date.