GREY:NEVDQ - Post by User
Post by
rockhound3on Nov 21, 2021 11:38am
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Post# 34150604
Gann: we note that you only joined stockhouse
Gann: we note that you only joined stockhouse 2 months ago and likely don't have much of the history of What has happened under the effective control of PALA!
One of the key pieces which is missing is understanding that when PALA took over the stock was somewhere between 70 cents and $1( possibly NGU can give us the actual #)
The takeaway is that inspite of all the development that has occurred NCU stock has dropped by approximately 90%!
Further this drop has been very helpful to PALA which started out with an average share cost of over $ 4.00 per share but are now down to a number below 50 cents ( again NGU will you provide the calculated number)
Now maybe this is all covid related, or is just incompetence however TOO MANY have experienced very significant losses ( both realized or unrealized losses on NCU stock!
Put another way " Would you buy a used car from PALA?"
Now many ( myself included) realize that NCU is seriously undervalued but won't buy as they don't trust PALA!!
Rock