RE:If it was so clearWhy it's not jumping is as follows:
.... because the market is in an extremely bearish and foul mood. Skepticism and cynicism about ulterior motives are running rampant throughout the markets. As a result of the over-riding bearish and foul mood, investors must be second guessing that there is some sort of ulterior (and nefarious) motive for the company to be doing this.
When fear is running this high, there are two choices. The first choice is that you could cave in to the fear, and sell your shares, because the reality is that there could be some nefarious ulterior motives behind this transaction. The second choice is that you could hold your shares for the potential gain, in case the company is actually telling the truth ------ BUT that involves risk, and bearishly foul investors have no appetite for risk right now.
Bottom line is that if you're looking for security of future returns, the only truly guaranteed return is a GIC, and those are returning just over 1%. This implies a heck of a risk premium being applied at the current price level of PTG shares.
It is up to you to decide whether you want to take that risk, or not.
Trytobelong wrote:
the SP would be jumping more than that... the market don't like preferred share on TSX-V and like a guy said... we invest in this stock for growth, not for income. Even at 70 cents with an income of 13 %, it's very attractive... but why it's not jumping ????