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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Comment by Waynestock5on Apr 27, 2017 11:31pm
183 Views
Post# 26177582

RE:RE:RE:You have to decide what your risk / reward appetite is.

RE:RE:RE:You have to decide what your risk / reward appetite is.Are you able to provide a link to the insider trades?  I certainly do not dispute it just curious what kind of volume insiders are accumulating.  I have 87k shares at average cost of $.78 so not feeling good right now.  I plan on sleeping on the (investment) for at least the next 1.5-2 years.  

My biggest concern is a reverse split followed by a drift down.  The rubicon minerals scenario comes to mind, I fortuantely didn't participate.  In any case, mine re-opening, streamling operation, new financing, grey fox (frome pit coming on line), assets (cerro de gallo), PM's on the rise, very recent insider buys? (though they were buying last nov and we all know how that turned out), Conway story.  I suspect guys like Sprott and Rick Rule are considering a position down here.  If tax issue is resolved we go back to $1 in a hurry.  If there's another strike for some reason, we go to a dime and it just may be curtains.  At that point we'd need a hail Mary from SLW or another big player.  All to say I firmly believe the upside far outweighs the down all things considered.  

If this thing touches .42 with no news I'll add another 10k and throw away the key.  Best luck to all.
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