TopgOptions

BBIG and the TYDE dividend! Buy opportunity????

Long
NASDAQ:BBIG   None
Cryptyde, a wholly owned subsidiary of Vinco Venture, BBIG, which is expected to trade, if approved by Nasdaq, under the symbol TYDE is a blockchain technology company focused on consumer adoption of smart contract technologies.

For each 10 shares of BBIG you will get one share of TYDE.

Secured convertible senior notes are expected to be sold to an institutional investor for $30 million and mature in 2025.The Notes convert into shares of Cryptyde common stock at $10.00 per share.

So we can expect a $10 price per TYDE share.

The price of BBIG shares is $2.83.

So for 28.3usd you can expect a dividend stock worth $10.

I think BBIG is a great buy opportunity right now.

I see a $5.5 price target soon.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.