Member Info for greenghost

KahPow! How low can you go :-)

Yes, people like to be told what to say, think, and do...

They don't want to pay £1.00 so they are going to announce only the bad news and finally when the share price is in the 0.3's and 0.4's they can offer to buy at 0.7 or 0.8 and it will look like they are doing us all a favour. This game is fixed.

How do you get £2.00 when the buy out is £1.00? I bet the independent review of the company will push the offer down to £0.80.

Stock Prices Can Change Even After A Merger Is Announced
A common question relative to M&A activity and its affect on stock prices is why the acquisition target’s stock price does not equal the value the acquirer will be paying. In other words – if company A is buying Company B’s stock for $10 a share in a few months, why doesn’t Company B’s stock equal $10 immediately following the announcement?

Uncertainty Can Lower Prices
The differential between an M&A target’s acquisition price per share and its current trading price accounts for the uncertainty around the merger. If the purchase never actually happens, the target’s stock will likely drop significantly. In the video, I will cover another case study of a stock that was going through a deal of its own at the time of recording.

Hostile Takeovers Are Even More Uncertain
The more uncertain the actual merger is, the wider this delta or differential will be. For example, if the target company is being subjected to a hostile or unsolicited takeover the difference between the acquisition stock price and the current stock price will be very wide as management works to fend off the acquirer or attract a “white knight” to rescue it from the larger firm.

Sometimes the Acquisition Target’s Stock Will Rise Above the Takeover Offer
This can happen when traders believe that there is likely to be another bidder that will offer more for the firm. This is a more unusual situation but it will happen from time to time when the deal would give the winning bidder a significant competitive advantage.

Think Before Trading
It may be tempting to take advantage of the differential by buying the target’s stock and shorting the proper ratio of the acquirer’s stock. That strategy has a very poor risk/reward ratio as the downside can be many times the possible upside. Long Term Capital Management (the trillion dollar hedge fund bailed out by the Fed in the late 1990’s) famously built a problematic portfolio of highly-leveraged versions of this trade.
Link to Article:
<https://www.learningmarkets.com/how-mergers-and-acquisitions-affect-stock-prices/>

Death of BLCC aka AFPO aka CC's practical joke... Is this the end or will he pull another dead bunny out of the African hat? What are the twitter crew saying? are they still waiting for their messiah?

Must be the Price Monitoring Extension... Should bounce back over the next few days and continue the side trend.

Jumpingfrog, you are a brave man...

Still holding in spite of the uninspiring but expected RNS. If we stay above 80.00 this week, it may indicate strong support and new heights over the next few weeks.

Thanks Coggy and MapelPilgrim, I think we are all riding this delusion together :-)

Sudden rush to dump these shares shows just how much confidence people have in this company.

Day traders...scalping... check the patterns of the big traders > 12K. That's whey the price falls in the morning and raises towards the end of the day.

Yeah, surge looking like a sure thing...I think :-)

Mikey, there is nothing for to do here but wait. once strike ends, ASO will outline next steps and the damage done in terms of revenue lost. It is only after that, that we should get more chatter on here. This is still a very risky stock... don't forget there has been another outbreak of Ebola in Africa and the last outbreak affected this stock.

This was a con when it was AFPO and it is a con today. Don't prop CC up any more. It's time this company folded - it makes nothing - just sucks up shareholdes money.

Cannabis is where the money is right now but please do not be fooled into thinking that BLCC is going to make any. My statement is based on 3 years of disappointment and letdown. He is very good at catching the limelight - I'll give him that - but never makes any progress. He always seems to have smart people around him but I think he just uses them to ride the investment gravy train and will not stop till you guys stop giving him your money.

What a load of rubbish NMDC. CC is just grabbing onto the next headline. He started with subsidised fertiliser for the emerging African Farmer, that failed. He jumped on to the Crypto bandwagon, that failed, now he is going for the lucrative cannabis market ... Maybe he wants to turn La Dinga into cannabis farm... He must have some crazy juju going on for so many to still believe him after so many disappointing results. Cannabis is where the money is right now but please do not be fooled into thinking that BLCC is going to make any.

Just the howling wind and some tumbleweed :-)

whats the Twitter account you have been using

I'm sorry guys, speculation on this stock has always been followed by disappointment. Especially when the speculators do not give credible reasons for their excitement. Keep sober, avoid the hype - allow the truth to rule your hearts or else you may suffer from crushing disappointment from false hopes.