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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by tylerreddickon Sep 27, 2023 4:21pm
166 Views
Post# 35657888

RE:One final good-bye.....

RE:One final good-bye....." As I will definitely NOT be taking overvalued StrathCona paper. "

You still don't seem to understand that the market has been pricing PIPE shares as if they were already part of Strathcona. So if you think Strathcona is still overvalued, then PIPE shares are also overvalued. So you should be selling right now.

Personally, I think Strathcona was overvalued when compared to PIPE, but that is now a moot point. If Strathcona begins trading around $35, which it should with PIPE at these levels, then it is actually fairly valued when compared to its peers, give or take.

IMO, the downside is definitely limited, especially with the price of oil going nuts, heavy oil discounts shrinking as the new TransMountain Pipeline opening approaches and US supplies dropping. 

I don't believe for a second that you made money here, but you can dream all you want, makes no difference to anyone else. I am glad we won't have to read your long-winded self-serving rants any longer. Thanks for that.
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