Post by
Shamhorish on Nov 26, 2020 1:45pm
THE POWER AND THE SP MANUPULATION
on oct 29
bbd.A was trading at approx cdn $0.38, bbd.B was trading at Approx. cdn $ 0.31
today approx 28 days later
bbd.A is trading at approx cdn $01.12, bbd.B was trading at Approx. cdn $ 0.42
bbd,A gained approx 194%, while bbd.B gained approx slim 30%
what happened to creat such gap
bbd.A gained almost 6.5 times what bbd.b Gained
in my opinion, that is what the movie producer decided, that is a senario in a new theater play
wrttin, produced, executed by market makers to fill their pockets with novice investors money
Comment by
Bombastic2018 on Nov 26, 2020 1:57pm
What is going on to cause BBD A to surge like this???
Comment by
itsalie on Nov 26, 2020 2:00pm
the theory about the reverse split kind of makes sense, hope that one is wrong. short cover hopefully but all just speculation.. Ive google looking for answers but nothing.
Comment by
johnney on Nov 26, 2020 2:11pm
itsalie 9 out of ten, is what they do when there is too many shares out at low prices, i hope not but it looks like that! wouldn't be surprised at all if this happens in 2021 after Alstom deal closed!
Comment by
itsalie on Nov 26, 2020 2:20pm
pretty much #ucked if that happens.. much easier to go from 40 cents to 2 bucks then 4 bucks to 20.. also shorts would jump all over any kind of r/s
Comment by
Bombastic2018 on Nov 26, 2020 2:17pm
Me too. Time will tell, I suppose.
Comment by
bingostar on Nov 26, 2020 2:49pm
Imao its not a reverse split cause you cannot create disproportionate value between class of shares prior to a reverse split. That look like a change of control at the upper level , maybe textron is buying beaudoin family with cdpq .
Comment by
david196868 on Nov 26, 2020 3:01pm
What ever is hapenning, still a big mistery with the B shares Lts hope they reach near A levels
Comment by
johnney on Nov 26, 2020 3:04pm
david196868, right, a big mystery!
Comment by
johnney on Nov 26, 2020 3:02pm
bingostar, don,t you find this funny, not hearing anything no where about the A an B trading differance!
Comment by
johnney on Nov 26, 2020 6:08pm
bobismydad right! they got the news, not us! we could figure many scenarios, BUT!!!!!!!!!!!!!
Comment by
flamingogold on Nov 26, 2020 3:46pm
If there was an offer on the table they would have needed to halt trading based on a leak. I hold Chorus shares and this just happened recently, shares were halted pending news re an offer. No more details than that but a sudden spike in share value forced a PR based on leaked information.
Comment by
bingostar on Nov 26, 2020 4:28pm
There is not necessarily an offer at this stage, a take over sometimes start by a group accumulating the stock first and informal discussion after before making a deal. One thing is sure with BBD a change of control at the BBD,a would confer the same right of disposal for the B shares. That gap will not prevail forever,
Comment by
flamingogold on Nov 26, 2020 4:37pm
If your thoughts are correct, the gap will not last since the market always gets it right eventually. If the gap doesn't close, it can't be anything good for the B's.
Comment by
Skyisthelimite on Nov 26, 2020 4:28pm
Thx bingo, it makes perfect sence; they are paying a premium to the family for the controle, no need to offer more for the B's...
Comment by
johnney on Nov 26, 2020 2:06pm
Shamhorish i do agrre with that!
Comment by
johnney on Nov 26, 2020 2:16pm
Shamhorish, soon or later they will have to explain this differance!