Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Labrador who wrote (14605)	11/22/1998 12:28:00 PM
From: Jimmy Dell	Read Replies (1) of 119973

Since the shares of uBID aren't payable to MALL holders until 6 months after the IPO, it is necessary to discount the present value of those shares to account for the waiting period and risk involved in that wait. I'd say a discount of 30-40% would be about right, in which case the shares of MALL are valued about right where they are now or maybe too high, unless uBID opens surprisingly high. I wouldn't expect too much movement up from these levels at this point. Arb'ers will bring 'er down fast if she starts getting up too high and vise versa. It's a good day trading stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next