Bottom line.
Ok_Bed_4595
Bottom line is if you’ve held this long, then you should hold till the merger.
A. The one time special dividend is in the form of a preferred stock with price to be know later.
B. ORTEX reports over 15 million shares are shorted as of this morning. So shorts have not covered.
C. Because of A & B ![:point_up_2: 👆](/plugins/nodebb-plugin-emoji/emoji/android/1f446.png?v=r5q7s51ko28)
Shorts must cover because short sellers can not create a place holder stock with an unknown value to give to the borrowed firm. The final day to cover is anytime BEFORE MERGER. AKA 6/30/21
D. Too much FUD being spread by shills and bots to sell now, or the dividend is worthless. Since SHORTS MUST COVER, getting you to sell now will keep squeeze prices in an affordable range (like under $20).
E. No matter how much Green Energy lovers hate hydrocarbons, OIL isn’t going anywhere. Oil will be $80 per barrel by 7/1, and guess who has the largest estimated recoverable oil land in the US.
F. TRCH’s Orogrande Basin has between 3-5 billion barrels ready to flow. READY TO FLOW. That means the new administrations bullshit regulations restricting drilling new oil wells won’t stop all this oil from flowing.
G. As long as TRCH does not screw us on this dividend, you can expect at least $12. Yeah I said it. At least $12. ![:rainbow: 🌈](/plugins/nodebb-plugin-emoji/emoji/android/1f308.png?v=r5q7s51ko28)
![:bear: 🐻](/plugins/nodebb-plugin-emoji/emoji/android/1f43b.png?v=r5q7s51ko28)
![:middle_finger: 🖕](/plugins/nodebb-plugin-emoji/emoji/android/1f595.png?v=r5q7s51ko28)
![:skin-tone-2: 🏻](/plugins/nodebb-plugin-emoji/emoji/android/1f3fb.png?v=r5q7s51ko28)
H. MMFT will be a solid play for anyone wanting to keep their shares. Personally, once shorts cover with mostly the shares of paper hands who listened to shills (maybe a squeeze to under $20), ill sell enough to cover my initial investment, and wait for my (at least $12) dividend to come in.
Not financial advice. Sell off y’all want, hold cause it’s smart, I don’t give a shit. But relax, stop listening to FUD, and don’t ever invest more than you are willing to lose.
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Edit: Grammar & separated paragraphs for easier reading.
Edit 2: Changed G. The CEO of Meta (George) has nothing to do with the price of the dividend, that’s between TRCH and the price of the highest bid for the Orogrande Basin purchase