Post by
RTO on Mar 18, 2021 3:53pm
Expecting A Big Block Cross?!
The only reason to explain the activity is setting the stage for a big cross.
Comment by
gary7789 on Mar 18, 2021 4:01pm
sure doesn't look like the selling is over.
Comment by
gary7789 on Mar 18, 2021 4:27pm
Where do you think lower resistance is?
Comment by
nbastar1986 on Mar 18, 2021 8:20pm
This sell off is kind of mirage. there was one huge trade for like 400k shares at $4.65. then the stock went down on very little volume. im interested in seeing who the big buyer/seller was. but overall not worried at all. this stock has a huge margin of safety
Comment by
profitprophet1 on Mar 18, 2021 10:03pm
50 cents a share in cash, zero debt, an essential product, massive insider ownership, and massive cash generation each quarter. Yes, profits will go down. Let's suppose they fall in half. We'll double our P/E from 4.12 currently to ...gasp...P/E of 8.24. The tax shelter will not be as much but finance charges are at zero.
Comment by
nbastar1986 on Mar 19, 2021 10:34am
Huge bid at 4.39 - doesn't look like a retail bid.
Comment by
RTO on Mar 19, 2021 10:47am
Noticed the same! To note, bid from the same broker CIBC "79" as the insider buys witnessed back in 2020, but doesn't necessarily mean its insider buying, just speculation.
Comment by
nbastar1986 on Mar 19, 2021 1:20pm
The stock is frustrating buts it's a sleep at night play. I wouldn't touch the warrants - just buy the common.