GREY:ARGEF - Post by User
Comment by
netsilon Aug 27, 2016 8:00pm
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Post# 25183950
RE:RE:De-listing review and TMX decisions
RE:RE:De-listing review and TMX decisions I know, i've been there too and your were smart to get out then. I transfered my position to my TFSA and did not get the capital loss, lesson learned. I was tempted many times to buy in at 0.025 but i was not about to lose more money even when i was corresponding with Mazen. Been buying back since 0.035 in several accounts and will be forgetting about them for at least next year.
In terms of what the SP could be, it's hard to say. One of my scenarios into next year is the institutions might want to jump back in at some point which may put this back over $1. I think we will ride below 0.20-0.30 for at least 2 Qs for them to see a well guided and reporting company 1st.
Another scenario, next week when the TSX NR comes out we might see a lot of the people on the sidelines jump back in and the SP could spike.
Another catalyst may come after the AGM Sept 15th.
All the best