OTCPK:BLKPF - Post by User
Comment by
Schreibzeyon Oct 26, 2018 1:50pm
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Post# 28879116
RE:RE:RE:MEG s/h are up 20%+, PXX s/h are down 8%
RE:RE:RE:MEG s/h are up 20%+, PXX s/h are down 8%Not exactly. As with any stock, the higher it goes, the more you make. That's not the issue. The issue is that your enterprise ownership value (post merger) is being cut in half and PXX assets are being ripped off. If you buy more shares now, you're signing up for a 50% cut in enterprise value. In my opinion, you can mitigate risk by buying IPC post merger...at least then dilution will be done, so you'll be increasing enterprise ownership while waiting for the stock to go up.