GREY:ATBPF - Post by User
Post by
woundedkneeon May 13, 2021 6:14am
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Post# 33189724
I have to keep reminding myself
I have to keep reminding myselfThat the share price is 42 cents pre split and not to be pissed because I now have spent approx 175 grand on stock that could nave been bought for 17.5 grand last fall. Why not get pissed you say? A double pre split would net you a profit of 17.5 grand, whereas post split that same number of shares, doubled in price nets 175 grand. Is it possible? Absolutely! Is it possible to go the other way and lose all? For sure, but the market's middle name is risk, and the risks have been reduced dramatically even though the investment has increased tenfold. As I see it there are legal procedures, bureaucratic procedures and management decisions that best can be described as housecleaning still to address. The acceptance by Nasdaq and the phase 3 commencement are the important and perhaps crucial catalysts that still lie ahead. So far it looks like I bombed on my prediction of the amalgamation effect, but this still is very positive for shareholders and perhaps it's not understood just how important. all IMO