Trader-101
commented on a stock · Apr 18, 2020 07:35
$Allegro Merger Corp Com Npv (S/R 31/12/2023) (ALGRR.US)$ I ...
$Allegro Merger Corp Com Npv (S/R 31/12/2023) (ALGRR.US)$ I think that you guys think these up before close of post-market chances are you're not going to get a better position than an after hours right before after hours I sold off half of mine I was up at 11 hundred percent $250 investment expenses I estimated out almost $1,200 and still have it half of my shares I knew I wouldn't get a better position that's why I kept Half my shares in
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Trader-101 OP : and now when I buy more it will average my price down because of half that I kept in at the much much lower price
Josh Morris : I picked up 5,000 shares before market closed
Mwey Trader-101 OP : How or where did you find this stock?
I'm always late to the game ;(
Trader-101 OP Mwey : I noticed a constant pattern the last few days that it would shoot up a hundred 200% and then fall back and the next morning the same and then eventually I jumped into it this morning and it worked out great
70090692 : Getting delisted. Monday last day.
Trader-101 OP 70090692 : Give me a link because this is a surprise it's not a stock and expiration date isn't until 2023
70090692 Trader-101 OP : https://finance.yahoo.com/news/allegro-merger-corp-announces-process-130505750.html
Trader-101 OP 70090692 : You're right it will be delisted as of the end of Monday but with that said you have the right to exercise that right or sell it if you choose to hold it it will expire worth less Now the exercise price is $10 a share for the common stock which it's going to be a dissolution but what that means is when a company like this offers wartime and rights and units are Required to put up collisions so what will happen when you exercise that they will give you back the collisions that was put up I'm going to do a little more research to find out what each What would be worth to you if you want to send it to the company acquisition and I will post it and let you know before Monday
70090692 Trader-101 OP : Thanks. Appreciate that.
Trader-101 OP 70090692 : you're right but making eleven hundred percent return is nothing to be upset about it may get delisted but I'm pretty sure we'll get one more last run out of it