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TopicStock Topic 30
StartTheMachine
06/01/21 12:20:16 AM
#20:


CoolCly posted...
AVCTW is at like 40 cents. I've looked around but I haven't seen any news that AVCT is going to take that unsolicated offer or not. Any news Blur?

This is the price point that I would be looking for at "picking it up at a discount", not sure if worth though.

It's been plummeting ever since that announcement of an unsolicted buyout offer. Considering it's been months now since that, I think it's fairly safe to say they rejected the offer. It was for a $9 flate rate to acquire 100% of their shares, and I doubt these guys are trying to be a measly $9 stock long term. But the reason it's plummeting is a very important one: IF they were to accept the offer, the warrants would go to zero. Yes, zero. Warrants become worthless in the event of an acquisition, so there is a lot of risk there. Otherwise...I'd probably have over 50% of my portfolio in AVCTW at these prices lol. But I own none.

Oh hey, there was actually a Wall Street analyst finally paying attention to AVCT and gave them a $17 price target. Not the $20 to $30 I want but it will take years of revenue to get there still, so pretty bullish PT for only like 9 months from now.

(E: Link to the analyst article

https://www.streetinsider.com/Analyst+Comments/Loop+Capital+Starts+American+Virtual+Cloud+Technologies+%28AVCT%29+at+Buy/18258573.html)

AVCTW at .30 - .40 was the price I was hoping for again for so long, but it seems like everyone is staying away due to the inherent risk. I would just buy commons since they're cheap too and don't carry any risk if a buyout were to happen. If they 100% confirm no buyout, then I will buy the living hell out of those warrants. But I expect every AVCT long will as well and they will rocket back up to 70 cents or so fast.

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