OTCPK:STZHF - Post by User
Comment by
nedstar71on Oct 13, 2022 1:34am
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Post# 35021440
RE:Any point in holding this POS?
RE:Any point in holding this POS?SIB expires in two weeks, and won't have many takers. The share price certainly won't pop when it expires, but it will be interesting to see if it drops. As discussed earlier in reality the SIB shouldn't be providing any share price floor given nobody can purchase shares and tender with the crazy tax implications. In a weak market I could see it dropping to $30-31. And no point in extending it, there won't be many to tender unless the share pice drops into the mid 20's. Shorting in here for a few bucks would be a risky notion, but is more likely the right move if the market doesn't rebound.