Post by
SIGG1 on Feb 15, 2024 10:00am
Inovalis is going private.
I can feel it in my bones.
There was too much insider buying in November and December and it suddently came to a stop.
That has to be the reason for the blackout period.
This make lots of sense, the stock went from $10 to $1 and Inovalis claims that the NAV is $8.56/SHARE.
This is a no brainer.
Comment by
lancebryant on Feb 21, 2024 7:24pm
You realize that's like the biggest conflict of interest in the history of conflicts. Your comment makes zero sense, they cannot legally do it.
Comment by
lancebryant on Feb 21, 2024 7:27pm
Absolutely right; no brainer. The problem is the brain problem is yours. They will buy out a majority of the shares then reinflate it with good results. Then sell it back to you. That's the only legal play they can make and they can easily do that without dealing with a billion dollar class action from every person that's held the shares over the last 36 months.