TSXV:AAA.P - Post by User
Comment by
sbergieon Sep 15, 2011 9:56pm
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Post# 19048516
RE: RE: Normal Course Issuer Bid
RE: RE: Normal Course Issuer Bid
What Does Normal-Course Issuer Bid-NCIB Mean?
The action of a company buying back its own outstanding shares from the markets so it can cancel them.
Investopedia explains Normal-Course Issuer Bid-NCIB
The amount the company may repurchase is subject to regulatory approval. Instead of holding shares, which fluctuate day to day in the market, a company will cancel the shares to add to its core value.
Read more: https://www.investopedia.com/terms/n/ncib.asp#ixzz1Y4n2lyl2
MAKES PERFECT SINCE TO ME
And now Richard give me a break with your little spill...lol
RE: RE: How low can AAA go? eom
richardtrader
1
9/14/2011 9:39:43 PM | | 111 reads | Post #30182618
Excuse me but if I may there is no support levels
watch it happen
Sorry for the POST but I've always had high hopes for this one followed for a long time made alot of $$$$ investing/trading
Only that mattered since it broke $1.80 support
was one word
TIME
which kills many great start up companies whether or not you're willing to admit it
I hope the heck they can pull it off,but again ALLANA does not have TIME on it's side.
Also it was never a good idea to trade TSE @ the time they did I told you all.
Anyway,all the best to the Quality people on this board you know who you are
Cheers!
SOFT BASH IN YELLOW...Richard the day trader
Ok lets go with your little problem with support levels with a soft bash...oh Allana doesn't have time....and why is that...They have all the time in the world.....
Maybe if the share price goes below a buck Farhad can buy AAA shares on the open market with the 58 million thats sitting in the bank...that right FIFTY EIGHT million dollars ....stick that in your pipe....Just a thought....
Farhad can take all the time he want as far as I'm concern its money in the bank and if the share price goes lower guess what...us longs will be buying more...Steady the ship captain Farhad full steam ahead
as always good luck in your trades richard