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re: TRKA ripping (GNS has offered to buy TRKA)

Posted on 3/29/23 at 3:00 pm to
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 3/29/23 at 3:00 pm to
Booming right now! GNS has offered to buy TRKA!
Posted by slackster
Houston
Member since Mar 2009
84762 posts
Posted on 3/29/23 at 5:21 pm to
quote:

Booming right now! GNS has offered to buy TRKA!


So a $38MM company is offering to buy a $108MM company?

This sounds like a desperate attempt by GNS to stay relevant in the realm of penny stocks.

quote:

An offer isn’t any guarantee acquisition will occur as acceptance, DD, approvals, etc are all required. Also $TRKA is one of multiple companies $GNS is in discussion with. However in 2023 we arr committed to an M&A strategy to get to critical mass to fight #NakedShorts


This tweet from their CEO all but confirms that suspicion.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 3/29/23 at 6:32 pm to
There are rumors other companies may be in the mix for a buyout as well
Posted by slackster
Houston
Member since Mar 2009
84762 posts
Posted on 3/29/23 at 6:42 pm to
Good luck.
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 3/29/23 at 6:45 pm to
Thanks, I'm feeling pretty good about my position right now
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 3/30/23 at 8:49 am to
It's on the move. Keep this on your radar guys! When stocks like this move your percentage on gains goes way up fast.
Posted by bayoubengals88
LA
Member since Sep 2007
18900 posts
Posted on 3/30/23 at 11:12 am to
Since when do companies worth 38m buy a company worth 68m?
Posted by Lightning
Texas
Member since May 2014
2300 posts
Posted on 6/21/23 at 1:37 pm to
quote:

quote:
Looking at smmt


Buy it at a buck


If you bought it at a buck, June has been a pretty good month for you. $2.80 today

I've been accumulating this one for a while, even though I hate the volatility of bio stocks. Robert Duggan keeps throwing money into it, same with PLSE. He made $21 billion selling a former bio company to AbbVie a few years back. I feel like he knows something on these two.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14445 posts
Posted on 6/21/23 at 2:37 pm to
Another penny stock topic started on the money board. You have certainly come to the right place. Hell one has close to 800 pages on it.
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