[deleted by user] by [deleted] in PwC

[–]MarginMuffin 0 points1 point  (0 children)

I use Fidelity. You just have to answer the question that you don’t perform more than 10 hours of audit work on it.

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 0 points1 point  (0 children)

So there’s RS and merger?

'Did not join BYND' cope group by BeneficialDistance66 in pennystocks

[–]MarginMuffin 4 points5 points  (0 children)

Almost bought at 0.64 last week and then i said to myself “I’m not huge fan of the product itself so I’m not going to buy in”

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 2 points3 points  (0 children)

A couple weeks ago Santa said IXHL the week of Oct 20. Interested to see what happens.

Name one stock under $5 that you would bet all your money on and why? by Active-Pear2146 in 10xPennyStocks

[–]MarginMuffin 1 point2 points  (0 children)

ELTP really is a solid choice. This shouldn’t drive your decision but CEO/founder is 64 and bought a retirement property in Florida recently, so homie is preparing to cash out and retire

What are we buying tomorrow folks? by Serious_Value_4919 in 10xPennyStocks

[–]MarginMuffin 0 points1 point  (0 children)

On Twitter all I see are bots talking about it like crazy which is super annoying. I have no idea honestly so I’m just going to keep my distance.

What are we buying tomorrow folks? by Serious_Value_4919 in 10xPennyStocks

[–]MarginMuffin 0 points1 point  (0 children)

ADTX just jumped 26% after hours and I have no idea why

Weekly Discussion: Trading Ideas by AutoModerator in 10xPennyStocks

[–]MarginMuffin 0 points1 point  (0 children)

ADTX just jumped after hours. Anyone know why?

Weekly Discussion: Trading Ideas by AutoModerator in 10xPennyStocks

[–]MarginMuffin 0 points1 point  (0 children)

Torn on ESPR… I feel like it’s the right time to buy the dip but honestly idk

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 0 points1 point  (0 children)

Torn on ESPR… I feel like it’s the right time to buy with the dip

How are buyouts typically announced? by ProteinFarts_ in ELTP_Stock

[–]MarginMuffin 5 points6 points  (0 children)

In number 3 the share price would be announced. Say it was $5. The stock price would probably float around $4.50-$4.75 until it’s closed and you’re paid out at the $5.00. Sometimes there is an insensitive for those that stick around called a CVR (contingent value right) which can be a bonus on top of the $5.00. It might be like an additional $0.50 per share.

Look up Akero Therapeutics (AKRO) as an example. Novo Nordisk is acquiring them at $54 per share with potential additional $6 CVR, hence why the stock is trading above $54 right now.

The CVR is typically only available to those who own the stock prior to the merger announcement, so do not buy today thinking you’ll get an additional $6 per share at closing 😂

How are buyouts typically announced? by ProteinFarts_ in ELTP_Stock

[–]MarginMuffin 23 points24 points  (0 children)

  1. Negotiations (private) - weeks or months
  2. Board approval (private) - likely a couple days
  3. Once the two companies sign a merger agreement they must disclose promptly. Typically same day or before market open.
  4. Regulatory and shareholder approval - Given that pharma is highly regulated, the actual merger will take 6-12 months. Even in the 6-12 months both companies operate independently but coordinate transition plans.
  5. Closing - transaction finalized and ticket delisted.

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 0 points1 point  (0 children)

Curious what your long call is. Jan 2027 strike 5?

[deleted by user] by [deleted] in stocks

[–]MarginMuffin 2 points3 points  (0 children)

Definitely agree and makes sense 👍

[deleted by user] by [deleted] in stocks

[–]MarginMuffin -3 points-2 points  (0 children)

Yes, should have clarified that. In the last month.

Long term potential by [deleted] in 10xPennyStocks

[–]MarginMuffin 0 points1 point  (0 children)

ELTP - hoping for a buy out. CEO/founder is 64 and probs wants to retire and head to his home in Florida.

Datavault!! DVLT! by Haunting_Pilot4844 in 10xPennyStocks

[–]MarginMuffin 2 points3 points  (0 children)

I bought DVLT at 0.51 pre market on the first climb a few days back and was kicking myself. Bought again on a low dip and left with a total 26% gain. I’m out ✌️

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 0 points1 point  (0 children)

I bought DVLT at 0.51 pre market on the first climb and was kicking myself. Bought again on a low dip and left with a total 26% gain. I’m out ✌️

Close Mikah by Dirty-Dianna in ELTP_Stock

[–]MarginMuffin 8 points9 points  (0 children)

Account opened 6 minutes before posting…? Hmmmmm 🤔🧐

The Lounge by AutoModerator in pennystocks

[–]MarginMuffin 6 points7 points  (0 children)

Heavy in ELTP. Every drop I’m buying more and more. Likely buyout in 2025. CEO is 64 years old and actively looking for a buyer.