Post by
nofluff on Aug 17, 2024 2:53pm
Paramount
Only posts on ncu. Trust to keep it real but mostly negative. I would say there r at least 6 paid bashers here. That will b all over in a couple months:))
So us holders can get 0 to infinity up.
The shorters have to cover. Let's say, ncu shares only go for a buck and the shorters sold at an average of .10. They have to come up with 10 times cash to cover. No wonder they r panick bashing:))
Won't work. You likely fell into your own trap:))
Nf
Comment by
rickwayne1982 on Aug 17, 2024 3:01pm
Paramount and Patchh opened up an account within days of each other back in January 2021... whether that's a coincidence or not, it's still suspicious FOAR SHURE!! Anyways, I agree with you Nf that shares can get pretty high. The part about shares going to zero after seeing Filo get bought out for 3 Billion USD is very unlikely...
Comment by
patchh on Aug 17, 2024 4:53pm
lets hope the judge did not hit another player today ....
Comment by
retired48 on Aug 17, 2024 6:21pm
Patch, you said you are waiting for 21st, is that August or September 21st ? I thought that the big day was Sept 10th then the auction to follow. I am probably wrong as I am getting old and can't remember the order of things . Thanks in advance
Comment by
rickwayne1982 on Aug 17, 2024 8:41pm
Cinnamon, you need to sprinkle some more positivity and higher vibes on this outcome. The pessimism is getting sour. We need sweetness <3
Comment by
rickwayne1982 on Aug 17, 2024 8:46pm
Retired48, sept 6 2024 is the deadline to submit a bid. If there are competing bids that are accepted, then an auction will take place in New York City on September 10, 2024. There will be a sale hearing on the September 25 to finalize everything.
Comment by
KentWilkens on Aug 17, 2024 5:15pm
Nf, shorter spin is the only one that makes sense why someone would be back day after day to bash a stock. No idea how the markets will handle a short on a stock that goes chapter 11 but never trades again so the short cant be covered. How does that work? They have to balance it. KW
Comment by
nofluff on Aug 17, 2024 7:15pm
The shorters borrowed the stock to sell. They have to buy back. No free ride for shorts. Nf
Comment by
nofluff on Aug 17, 2024 7:20pm
If chpt. 7 then shorts get free ride. But chpt 11, shorts caught with pants down:)) Nf
Comment by
KentWilkens on Aug 18, 2024 7:27am
While i am looking forward to a positive outcome, your assessment is about right Paramount.. A negative view would be justified by the abundance of suited mining types running the show. Now two flags for me, 1/ resignation of pala directors. 2/ stinking horse bid KW
Comment by
Paramount on Aug 18, 2024 1:34pm
This post has been removed in accordance with Community Policy
Comment by
slewfoot2 on Aug 18, 2024 6:08pm
very dishonest post kent.... there is no chance shareholder will get between 1-5 per share.. com in kent, u can do butter
Comment by
KentWilkens on Aug 18, 2024 11:19pm
Very honest If offer based on npv of just open pit resource then $1 would be the bottom. Dishonest to suggest otherwise. As i have been saying all the time, will be anywhere from 0 if only creditors needs met, to very high. Use the dishonest suggestion again and you go on permanent ignore.