Post by
RYUcan on Apr 29, 2018 2:25am
PRB
GO- the way I see it now with your analysis, PRB is in a difficult situation as PRB shareholders are now expecting a takeover especially with SP decline. AZX BoD seems rather content and patient at the moment Ex. RE release. Although they might be able to release this now with Agnico in the midst. Has PRB played their cards too early? JMO.
Comment by
RYUcan on Apr 30, 2018 6:59pm
Yes I agreed with all points. Although I don't think they will release the RE now until fully ready to announce who is involved which will happen shortly after. JMO.
Comment by
mystique1 on May 02, 2018 4:11pm
goldopp...............just looked at the report also......for the last two week reporting period 20% of all Prb trades were shorts.......20%.....ouch
Comment by
goldopportunity on May 02, 2018 5:27pm
Hey mystique1 -- yeah, this last 2-week period was a real killer. Certainly looks pretty obvious that short traders sense something imminently is about to happen that will adversely affect prb's sp. I'd steer clear of buying probe for now. Jmvho. goldopp
Comment by
Currower on May 03, 2018 6:48pm
If anyone thinks Probe is merging or amalgamating with Alexandria they should cut down on their cannabis intake. Probe is incredibly overvalued compared to Alexandria. EOM
Comment by
goldopportunity on May 03, 2018 10:32pm
Hey currower -- You and I are on the same page that "probe is incredibly overvalued compared to Alexandria". However, their overvalued market cap could theoretically enable them to buyout alexandria (or someone else) using equity/cash. Perhaps the latest prb short report is thinking the exact same thing. Just speculating. Jmvho. goldopp