Todd675's Profile
Todd675's Posts
Actually, it's still very much alive.
Long time, no post.
$1/share would be snatching victory from the jaws of defeat, for me anyway.
Do we have any idea what the likely timeline is for KRY actually collecting, now that a judgement has been rendered?
Thanks JJ, but I was actively reading all the posts during last month's drama.
What I'd like to know is: what is the website/link of Osmo's KRY forum?
JJ,
What's the new board Osmo is running? I've barely posted here, but do read all the time to keep up with events. Is it another board here on Agoracom?
Been a long time since I've posted, but still lurk here in a vain attempt to stay informed. Like many who lurk, I should probably do far more DD than I do, and at this point I am simply hoping for at least a little profit out of this pig that has anchored my money for the last (nearly) 5 years (I've averaged down to $.65).
As I see it, there are now 4 possibilities (in order of probability):
1. Settle near term (hopefully not for a song)
2. Arb award in a couple years
3. Buyout
4. KRY actually gets the permit issued (extraordinarily low probability)
Am I right on these last two? Are they legally possible?
"The market has us priced at .16 a share. What does that tell us? I my mind it tells us NOTHING is off the table and a great deal of risk remains. Also in my opinion this is not a done deal... nor was it a done deal back when we still had the MOC."
So is the $.16 per share a good thing, or bad? Not quite sure of your angle here. In other words, is 16 cents good in that the market thinks we're not totally worthless, or it's bad in that, compared to the historical price of this stock, it's worth a pittance of what it once was? Obviously, plenty risky.....
There are only two things that give me any hope now: pretty much an iron clad arb case, and the fact that, as far as I can tell, none of the big boys have dumped the stock yet. I would assume that if they were bailing out, KRY is going down and we're hosed.
It would be nice to see a settlement here in a couple of months, but I'm not holding my breath over that. It has been the opinion of some (many?) on the board that the MOC cancellation is a last step in getting LB and LC put together under one big operation. I guess the events over the last couple years could be read that way, and the optimist in me likes to read it that way, but I'm not relying on it. It's the arb that's keeping me in the stock.
That, and I've averaged down to 65 cents. A settlement or win for GRZ might very well get me in the green on this pig.