GREY:BUGVF - Post by User
Post by
EDMINNEMAon Jul 24, 2020 2:50pm
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Post# 31315993
heres my take on PRMO
heres my take on PRMOwhatever its worth, and yes, you can correct me. PRMO has downward pressure and a huge wall on the ask. Likewise, ORMO has a huge bid. The reason for this is the actual ASK wall is superficial. That wall is put up to make traders think there is something wrong, whilst the actual reason is they want to scare people into selling so they can get super cheap shares and still take advantage of the MRNN deal, which is the same no matter what the price you got your PRMO shares at.
Therefore, I think even with news this wall may stay, thus the holding back on news. IMHO, this is the place to acquire, and when MRNN situation is finally clear re the 25% PRMO will rip.