You expressed my sentiments exactly, that if you're still in, don't go anywhere. This is not a bankrupt company, there is no legal action against the company or present officers that we're aware of. IMO there will be another rabbit, for all we know stockett is farming the little buggers and has another ready to go.
I do not expect sncg to revive FQ although I do take issue with the term <discredited>, and i believe you're speculating when you say that the <exchanges won't allow access>.
It definitely has been reality check time for me going back to the failed BAI endeavor. That's when FQ ceased to be important, and merger/acquisition became LS's focus.
I will remain here at this level as long as it takes, and probably buy in to any substantial ralley if it comes. With the exception of the stock I now own, i will day trade only until I'm even or perhaps in the black.
Also, if SCA deal is moving forward, they now own 31% of sncg, and IMO will be an easier play to improve sncg value by merging it, than any scenario i can think of with hteh. Remember, SCA financed aprox $460 mil last year, and now they own sncg. Don't you think they can figure out what to do to raise share value? would they have bought in without a plan, scheme or what ever? These are money guys and could't give two sh*ts about the shareholders, the products, the companies IMO, but are investors like us just the same.
Lets hope there are no glitches with this deal.
Very hopeful,
Bill |
