Jul. 22 at 3:57 PM
$SNBR 🧵 1/2
Note: Historically in these scenarios, huge pumps can & definitely do happen (and IMO *definitely WILL* happen for
$SNBR) from here on out
IMO the likely peak will be in the ~.20 range, so would be ~7X profit from .03’s (there IS another scenario where .20 is DWARFED as well 👀 see last comment in the thread for details)
🚨 WEN SHARE CANCELLATION? 🚨
👉 Earliest, Technically: Shares could be canceled in late August but that would require a plan filed immediately with maximum expediting through court (not happening, chances are <1% IMO)
👉 Earliest, Realistically: Shares won’t be canceled until ~mid-Sept at the earliest, most likely timeframe = late Sept-Q4
———————
No plan is on file yet, and all equity is “deemed to be rejected”, so cancellation happens automatically at the moment of “plan effectiveness”, which IMO is not remotely possible before ~mid-Sept
So: All said and done, ~80% chance it’s done by year-end*** buuuuut…
🚨 CONTINUED — SEE NEXT COMMENT🚨
