PINL:GRPOF - Post by User
Post by
stocktickler87on Feb 26, 2018 11:15am
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Post# 27620877
The Deal Closing This Week
The Deal Closing This WeekWhat are everyone's thoughts on the financing deal closing this week? The price on TBP is down simply from the underwriters controlling the price until the close. In my opinion we will make a nice run up once that happens. We should expect $1.30+ range once the underwriters stop shorting and cover the shorts they have made. Today and tomorrow will be great buying ops. I see huge Level 2 bids stacking at .80-.83. Those may get filled if the price is driven down hard enough today. This is nothing to panic about as we have a perfect base mixed with a great setup of news going into the bought deal close, and 10+ million in financing coming to TBP to fund growth. This is how giants are made.