RE:RE:Looks Like the Cheap Stock is Coming Outwhateveryousay wrote: Very frustrating it makes you want to bail on everything adding on the way down is tempting but the bottom seems to be falling out of the small caps.The big energy companies have billions in cash I think we will start seeing some big buyouts I would be happy to get a billion for our company.
Ha, I like your optimism - "a billion for our company". At this stage, I think the most probable move on the company would be an equity investment from an SLI, or a Ganfeng. I could see 'them' being interested in a 10-15% stake, to get their foot in the door before someone else does. I could also see ETMC finding such an arrangement attractive, as it would give their project the credibility and visibility to merit a higher share price (e.g. guessing, maybe $3.50-$5.00), and the ability to raise/borrow funds for the next stage of the project on optimal terms and/or minimal dilution. If I was a betting man, I'd say we'll see an equity investment by a major by year end, most likely after we hear about the lab-pilot results. In the meantime, we get so suffer and/or average down.
The market will probably bounce on Tuesday. I think the Fed will continue with their stimulus, ans the 4th wave and the U.S. economy isn't as robust as they expected by this time. We should know Wednesday if this theory proves true or not. GLTA.