s20,I took a "small" position in ABQ at 0.019....Didn't know it...

s20,
I took a "small" position in ABQ at 0.019....Didn't know it from a bar of soap ,but felt it will offer a reasonable trade.
No one can put a value on it....There are no real numbers to get our teeth into.
The blind rampers are excited with Check in , but it is not a unique business....many much bigger players are in the game in a small market.
Those players can also adapt to market forces if the agency model is the preferred option.....everyone will be fighting for its market share.
Perhaps the interest in ABQ is stemming from something else apart from Check In.....They have the Awesome brands....some acquisition may be in the pipeline.
Will not discard its prospects.....The market is showing early interest ,but trading is very difficult to read....I have been in most of these "fashionable" stocks before the "rerate" & have a good feel how they traded...."poker face" is a good description.
There is no shortage of sellers sitting on hefty profits from 0.01 & 0.0025.....Not quite sure who got the 120m shares at 0.0025.....Then there are 60m in the money options.....We shouldn't forget the old shareholders that were wiped out & may wish to crystallize their losses.
I expect to see much bigger volumes shortly.
Happy to hold for now.