RE:RE:RE:RE:RE:RE:RE:RE:What’s has HappenedI was referring to volatility in the markets and how the professional traders use it to steal your shares or your cash ... i was trying to show that dingdong trader unluckyeleven can't get a trade right if his life depended on it ...BTW I made a good chunk of change on GME even though I know it is not a great company or has any futur ... trading is gambling and expecting a certain stock to perform just like the indexes do is laughable ... i would never compare the bomber to any company because it is in a niche market and in the process of the biggest comeback I've ever seen .. and it will get it done whether unlucky can time it right or not ... Glta
quote=flamingogold]Bicente, a lot of stocks are 50% down from their highs, but using Tesla is the worst example to sell the argument. Tesla is down 42% annually and BBD is worse at 65%.To be fair, let's go back to the bottom of covid in March. BBD is up 72%... that's great but TSLA is up 10x. And, if I go back further, the numbers don't get any better. A really, really bad comparison
bicente wrote: the family did know what would happen but this is what they do .. it's an open market and anyone can buy but only the few who really know what is going on will profit , like usual... everybody uses bots and algorithms and we stand no chance if we try to set limits when buying or selling , it's up to you to decide what you need to do and stick with it ... I have no clue what is going on with the share price but it is evident that it is planned , don't forget there are buyers who are scooping up the shares ... like I've said before the family isn't taking the shareholders to the cleaners unless of course you sell at a loss ... the recovery isn't done just yet but every disaster is being dealt with , including the massive float ... will they address the multiple share structure ? maybe after they scoop up enough shares in order to become major shareholders on numbers instead of voting rights ? It's a possibilty ... what I'm betting on is that they have the best products , selling to the best clients , then servicing them with the best service ... the rest is noise , whether is made purposly or not I don't need to sell so I'll keep watching the movie ... It's painful to watch but it helps if you have the option to hold on ... ask TSLA holders how much money they've made in the past year $1200/share down to $738/share ... and there are much worse out there ... GLTA
BBDB859 wrote: Who's controlling the Bots now Bicente. I have my doubts. The Family should have known this was coming??? Is it the Family in cahoots with the Bot controllers? Why do the R/S now? How can this Family screw up this big in these times?
bicente wrote: There are bots in control of the trading , today was just a glimpse into what they are capable of on any given day .. the markets are more like a pyramid scheme than Investing right now , full of newbies who treat it as a game ... look at any other stock and you will see the manipulation there also ... GLTA
quote=bago]
How did the company manage to drop it hard?
They do not control the share price. The share buy
back say at 20 bucks is worth what 17.6 million and the stock
lost 320 million in market cap today alone. Never mind last
week when it lost another 200 million or so.
Today's drop had nothing to do wih any NCIB imo.
They are just not making enough FCF with the debt they
are carrying and there may be something on the table
as far as share offering that some got a whiff of. Too much volume
traded to equate to anything to do with NCIB. If their offering was rejeted
today this may be plan B. Since their offer expired at 5 today and we
have no news it's reasonable to expect it was rejected.
Alexcanada wrote: simple explanation
drop it hard so they'll rebuy the 880.000 shares for less money
you knew that the markets were rigged, didn't you ?
I'm buying
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