12-18-2014, 01:35 PM
I'm not familiar with Inter oil and to be honest I've never dealt with an NQ it's in a world of its
own.. Sadly I saved my worst investment (so far) for something like this. topeka's target price was $33, about 2.2billion. Obviously new shares outstanding and a 2.2 billion valuation goes to like $24 and change. Company says they are in a better position now than ever before so what's that mean? There's over $20 of value here... What will the market do?
I actually think the shorts and Carson block would like this sold for low valuation because if it doesn't and it sells for normal valuation later, or regains value they definitively have conducted a smear campaign and I'd think that hurts credibility going forward. I really don't think the company wants to cash out for pennies.. Just is my fear.
own.. Sadly I saved my worst investment (so far) for something like this. topeka's target price was $33, about 2.2billion. Obviously new shares outstanding and a 2.2 billion valuation goes to like $24 and change. Company says they are in a better position now than ever before so what's that mean? There's over $20 of value here... What will the market do?
I actually think the shorts and Carson block would like this sold for low valuation because if it doesn't and it sells for normal valuation later, or regains value they definitively have conducted a smear campaign and I'd think that hurts credibility going forward. I really don't think the company wants to cash out for pennies.. Just is my fear.