Ruiz Securities Deal Approved

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Sheesh. Up to 1.48

Now we ******! Haha.

After Rashada commits I think we'll be near $3.

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Has there been any positive news released recently that would push it up today, or is this just the ebbs and flows of the market in general?

1.54 now. Haha.

I was wondering the same but I'm not the guy that would know what's driving the recovery or if the devaluation was too abrupt and this is just the beginning of a correction. I stopped trying to find rationality in the markets a long time ago.
 
1.54 now. Haha.

I was wondering the same but I'm not the guy that would know what's driving the recovery or if the devaluation was too abrupt and this is just the beginning of a correction. I stopped trying to find rationality in the markets a long time ago.

I think a lot of it was that it was overpriced at its IPO/merger (and yes I know it’s not technically an IPO) based on perceived risk and present day revenue.

I don’t know what its fair market value is right now, but it obviously has a floor of about a dollar more or less. The concept is good and should generate revenue, which is part of the reason why I think it’s starting to climb back up, but there’s always still risk, I just don’t think the market feels that it’s worth a $10 a share risk right now.

Might be 2, 3 or four dollars? Possibly. Also, once the revenue starts clicking and proof of concept is established, this thing has a lot of potential.
 
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I'm thinking, if MSPR has a big run I need to go on the Swampass boards and encourage all to jump on the Ruiz train.

The last 5 days has had the stock rise on above average volume. This is usually a good technical sign. Admittedly, IPO'S are sometimes difficult to get a handle on . No doubt though there had been a lot of panic selling.
 
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I think a lot of it was that it was overpriced at its IPO/merger (and yes I know it’s not technically an IPO) based on perceived risk and present day revenue.

I don’t know what its fair market value is right now, but it obviously has a floor of about a dollar more or less. The concept is good and should generate revenue, which is part of the reason why I think it’s starting to climb back up, but there’s always still risk, I just don’t think the market feels that it’s worth a $10 a share risk right now.

Might be 2, 3 or four dollars? Possibly. Also, once the revenue starts clicking and proof of concept is established, this thing has a lot of potential.
I hope so. For Mr. Ruiz and for UM. I don't see any other businesses in So Fla stepping forward in the NIL arena, even in a small way. Where would our athletic programs be today without him? In a world of hurt as I see it.
 
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