Nov. 7 at 6:43 PM
$PSHG Today is a day to test if they can get shares at a lower price.
If they can't, they'll buy at the ask.
We're in an accumulation zone.
If the ruling is in Economou's favor, it will open with a large gap up.
If PSHG wins, the price will drop to 1.65 for the warrants to be exercised, and then it will rise again above 2.40, where they will probably announce the exercise of the 2.25 warrants.
Afterward, depending on the number of shares outstanding, the price will begin to stabilize near the value that depends on assets minus liabilities divided by the number of shares outstanding at that time. If Economou wins, we know there won't be many shares outstanding, so around
$8 would be the most normal price in the short term.
HOLD OR BUY AND HOLD