RE:RE:RE:RE:What the ---Once more, looking like arbitrage. Northern Lights closed down 20 percent in Canada (to C$0.02) and flat in the US (to US$0.02).
Moose bucks are around 75 cents to the dollar, so these recent trades are playing the differences - drive the price up a bit in one country to encourage frustrated holders to sell. Buy those shares on a day when the US is not looking. The next day, the price in the US seems cheap; sell it there. Repeat in different ways so long as someone else is unknowingly participating.
At some point, the guy who started this stops. Then the stock has to stand on its own.
The thing about arbitrageurs is that they do not care what's happening with the company. They can be happy playing numbers for anything from lunch money to new homes. It's just another way to gamble.
That's how I see it for now, but I'm open to other interpretations.
VP