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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > I guess the good news is
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Post by Shirtlessnomore on Oct 22, 2021 12:35am

I guess the good news is

That there is no news that I can find so the dump is someone simply getting out perhaps in search of greener pastures?? Who knows just a guess but I suppose you could say a somewhat positive spin on it is the fact that us folks were buying and at the end of the day it was a whopping 3 cent drop at close so virtually as many buyers as sellers. I will be watching this closely tomorrow hoping for a few more. Cheers and good luck to all here
Comment by pierrelebel on Oct 22, 2021 11:34am
Shirtlessnomore suggested "...so the dump is someone simply getting out perhaps in search of greener pastures??" Maybe, maybe not.  I hope you are right. Considering the substantial selling volume, it could be someone who has (or thinks he has) unpublished negative information on the company or one of its many franchises. Time will tell. PS - My wife and I are still holding on ...more  
Comment by Tommy123 on Oct 22, 2021 12:40pm
This post has been removed in accordance with Community Policy
Comment by Shirtlessnomore on Oct 22, 2021 1:18pm
Pierre, that was pure speculation and a guess on my part, given the volume today I would also guess that yesterday probably wasnt anything heinous. If you recall a short time back there was some pretty heavy volume accompanied by an uptick, there was also some pumping taking place in regards to "strong buy" my speculation had to do with the fact that perhaps one of those big buyers ...more  
Comment by Shirtlessnomore on Oct 22, 2021 1:26pm
I also meant to add that at this point that event was clearly a one time market dump to get out, the rest of the volume yesterday was from folks wondering why or buyers getting cheapies. I think their loss is someone else's gain. Currently 2.77 unchanged price today accompanied by below average volume. Not exactly a red flag if something were "leaked" enjoy your dividends and sleep ...more  
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