Glacier Media Inc T.GVC

Alternate Symbol(s): GLMFF

Communication Services

Glacier Media Inc. is a Canada-based information and marketing solutions company. The Company operates through three segments: Environmental and Property Information, Commodity Information and Community Media. The Environmental and Property Information segments includes its business-to-business content, marketing solutions and data information products which are environmental, and property-related. The Commodity Information segment includes its business-to-business content, marketing solutions and data information products which are agriculture, energy and mining related. The Community Media segment includes its community media assets and related digital and printing operations. The Company’s products and services are focused in two areas: data, analytics and intelligence, and content and marketing solutions. It offers business intelligence, and marketing and advertising solutions to agriculture, mining, regional business, real estate, and environmental risk industries, among others.

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Glacier Media Inc > TIPS ON HOW TO TRADE "GVC" IN LIGHT OF ITS TAKEOVER

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Post by BLUEBERRY5on Mar 26, 2024 2:49pm

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TIPS ON HOW TO TRADE "GVC" IN LIGHT OF ITS TAKEOVER

The company will not go bankrupt.
There is no fear here that a roll-back/reverse split will happen with the shares.
I dont believe that a great number of shareholders who bought above $1 are still in place.
If you have a cost price of $0.30 or lower, you may not want to rush in and further average down, if you believe instinctly that the share price could drift lower to let say $0.05. But the stock current share price trading below $0.10 is hard not to consider it a bargain and step in now.
If you have a cost price between $0.30-$0.60, i suggest that you dont wait very long to snap up more shares in case of a quick rebound happens to let say $0.12, and afterwards, who knows how soon MADISON could announce a 60% premium (to that $0.12) that would result in a $0.20 offer.
Another possible option is to trade the stock back and forth, taking profits, as takeover stocks often go up and down before the announcement. However, dont sell all of your shares if you are buying a large chunk.
The current 52-weeks HIGH of $0.30 will last until August 15, 2024 (unless a takeover happens by then, at that price or higher). So MADISON could buy GLACIER in the next 4 months.