Post by
scopro on Jul 19, 2018 11:04am
Be Greedy When Others Are Fearful
Yeah so what's the hoopla all about? So what if the company is becoming two separate domiciled companies in their respective jurisdictions? It's far better structuring shareholder value this way, each independent of risk that may or may not exist in the other jurisdiction. Shareholders get the same value, minus relatively small legal fees compared to the big picture of revenues. The selling today is just a carry-over of irrational fear being planted by a Stockhouse poster and an odd analyst article. For every analyst with a negative outlook, there's two with a positive outlook. So...
Comment by
redstang on Jul 19, 2018 11:13am
should wait to be greedy.
Comment by
rborhi on Jul 19, 2018 12:20pm
Not exactly like it's going down on high volume, only 120k shares traded so far today. I think it will turn around once the financing picture is clear and production gets going.
Comment by
JMark80 on Jul 19, 2018 12:25pm
Doesn't take much to cause a panic on a thinly traded stock.