GREY:NEVDQ - Post by User
Comment by
patchhon Nov 11, 2021 4:18pm
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Post# 34116833
RE:RE:RE:You all are missing the point. We're all here to make money
RE:RE:RE:You all are missing the point. We're all here to make moneyUr correct... but NCI or Vlad did not deliver as advertized... if this had gone to auction... the auction price is limited to 20% +/- the high of wed / each week...
had that been auctioned -as-advertized dealer 2 dealer (taking deliver at close of auction).. the stok would have come across the ramp @ -.87.. wed high was 109..
the auction was advertized as UNITS.. i read this to mean 2 storks + 1/2 wt per stok - 2 mean or equivocate UNIT... i am not an attorney - i struggle attempting to pik buzz/key words on procedures - king ping documents..
that extra dime - and the loss of the free float on NCI going into the 29th. cost me several thousand dollars of red on that 77 v/s 87 - dime...
there is absolutely nada in thi new twist that applies an issue price to them wts... strike me somewhat dead.. the 2 storks + wt was to be auctioned as a UNIT.. kinda like a farm tractor -w- the tires attached..
doubluing down ! again ! means i hav to front face first cash / to protect the short term investment held long.. i.e. NCI or Vlad squeezed cash outta poket to hold a non midpointr stok gain...
it was advertised as an auction where the dealers/underwriters settled cash at the close of auction... the entire episode whould hav been near non dilutional..
instead they turned around and doubled the offering onto the open market wagging un-allocated..
tizz the same hat N the rak from 2021 w scotia.. andd count on em selling at their strike price of 125...
U simply cannot and will not finance an OP w these instruments...