Never say never, but this stock will never be valued above pennies again. All the big players got bonds and the little ones got screwed- their shares being diluted to 5% of the asset equity of the company. The stock is just Monopoly money now. Pretty sure Goldman got out OK plus they had all kinds of related revenue (fees, commissions, debt service) while they were active owners. Dissenters like Marblegate got awfully quiet awfully quickly, didn't they? A backdoor deal maybe?
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I'll just keep holding the shares and monitoring the situation , I hold positions on KKR too. Hell I piss away more over s weekend than this transaction....there is s good chance that factions could survive and the shares will appreciate in vslue... Obviously you don't think this stuff thru or dabble in the Markets. Edmc trading OTC and folks are still buying and selling. You need to learn how to play "Ball" . Otherwise you never be a "baller". No risk no reward. So your screwed. "The Baller"
Where are you going to spend that $13 profit. Way to go baller.
Down to .13. I'll buy back the 500 shares I sold yesterday @ .156.
I thought Goldman Sachs got rid of their EDMC holdings? And isn't it privately held now?