@dbr_islands $SRXH Yahoo and apple stonk as well as google all show closing today a market cap of 33.06/2.31 share price=14.312 available shares now. Perhaps the BB has commenced?
@Marku0776 Yes, and without those paper trade results, there would have been no deal. I think this is super positive for the software. Hopefully they can start to license it out to other firms. Heck, Bloomberg chargs $10,000 per user per year for theirs.
@ericjackson It went really well imo. Of course the shorts are hanging on the "paper trading" narrative. But I believe this was a necessity to validate the merger. Without it, there was no deal. But I could be wrong.
$SRXH The “paper trading” news is being misread. EJ said the paper trades were from February, before the merger closed, and were submitted daily to the board to validate the strategy. The deal wouldn’t have been approved without those results.
@ericjackson@ericjackson I was on the webinar earlier today. You did a really great job. Keep up the great work. I hope in the near future we can start to issue guidance and growth targets to shareholders plus an official PR of the status of the BB. God Bless.
@dbr_islands this assumes that they buy back shares and then retire them which wouldnt make sense at all for $SRXH. they are far to small to be doing that at this stage.
@dbr_islands I am not totally following these numbers. The buy back doesnt reduce the float, it just locks up the shares by the company. They can always sell later. So really we're only ever looking at 19.5M O/S for our calculations. If I am wrong please let me know what I am doing wrong.
@Aider_Khalilov@ericjackson I predict $SRXH will eventually buy out $DEFT. This will solidify SRX Global as a Gen 2 treasury and officially have the accounts large enough to make noise.
@dbr_islands $SRXH should be announcing stock buy backs. The dividend hardly does a dent to any of the damages caused by recent R/S and other management shenanigans. #srxhbuybackEMJX
@MichaelMmerch@ericjackson We should be advocating for a stock buy back. At least they would save some face and regain some confidence by showing us retail investors that they believe in this product too. If you have any currency left with @ericjackson, please mention it to him. God bless.
Premium ≠ direction. That $72M $AVGO call is real but it printed "other" (block, not lifting the ask), paired w/ a $38M block at $360 same minute. Multi-leg structure, not bullish flow. Real bear flow rules: $29.8M call distribution + $3.5M ask-side puts + $1B dark-pool selling.