SNC-Lavalin Group Inc T.ATRL

Have people reduced their SNC position?

[WizardFuture]

I have only slightly reduced my position, less than 2000 shares sold. I'm now at 21000 shares.

SNC has doubled and is now overweight for me. Gabriel sees good opportunity in ARE.

I think SNC is going to $60 within a year, but I am wondering if I am dreaming.

[Gabriel]

I sold a third, next third soon.

[Alexcanada]

You know what nobody knows Next ER could get it to 50$+ easily  I sold myself all my 100,000+ shares in the recent weeks  Now, recent price action tells me that there are not a lot of sellers these days I have no regrets whatsoever even it goes up a few $ Would be happy to rebuy some at lower levels though I share Gabs opinion on ARE and now owe 50K shares (1/4 to 1/6 position)

[Alexcanada]

meant I know own and not owe

[Gabriel]

I sold some more SNC this morning. It's still a great stock but less likely to achieve stellar returns now that it is up 85% year to date. I don't intend to close my put options though (commitments to buy SNC anywhere from 20 to 44$ for which I received hefty premiums in the 7-figures that is).

[Gabriel]

Alex, when you sell the software used by the market maker increases the bid/ask to sell the stock acquired at a profit. Reversely I found that the system drops the bid/ask when I buy.

[Alexcanada]

Yeap. I have found also that this aftermath effect on the sp will be usually limited in time and depends on the volume of trades happening after. Also, when placing a sizeable buy order just at the bid or between the bid and the ask, most often than not the software will raise the bid/ask just so I raise my offer.

[Meesha1]

I had previously mentioned a $42.50 ish medium term target. So between there and $44.00 i've sold 30% of my shares. For sure the easy gains are behind us. The days of rallying 5% on an earnings day just beacuse the results weren't as bad as expected are over. Having said that, it has momentum. After raising guidance along with Stantec and WSP, it would be strange to not at least meet