Post by
SIGG1 on Feb 20, 2024 11:45am
Nobody is stupid enough to sell now
Share price is down as market makers are playing games with their fake sell orders (crosstrades) to try to get retail investors to sell them their shares.
2024 will be a great year for TNT thanks to the share buyback, re-implementation of dividends and first interest cuts.
Comment by
luscar99 on Feb 20, 2024 4:14pm
Yup. Very low volume today. We've run out of willing sellers under $9 and change. Best course of action will probably be to slow down a bit the buybacks and refocus on paying down some debt.
Comment by
gold_diggers1 on Feb 21, 2024 10:33am
Low volumes might be due to... 1) whoever wanted to sell after last Nov NR may have already sold 2) NCIB buys back. 3) And people are waiting for upcoming Q4 and year-end results. Then it's up or down again after NR and then volume resumes? . GLTA
Comment by
luscar99 on Feb 21, 2024 11:17am
4/5 of the yesterday's volume was the buyback.
Comment by
gold_diggers1 on Feb 21, 2024 11:32am
Huh? There was no NCIB buyback yesterday Feb 20. . GLTA
Comment by
luscar99 on Feb 21, 2024 2:55pm
Webbroker INK Insider Report shows 10800 shares bought back at $9.10 on Feb. 20.
Comment by
gold_diggers1 on Feb 21, 2024 4:23pm
Thanks, luscar99. . Did not see it on the usual CEO.ca website. . GLTA
Comment by
giovinco on Feb 21, 2024 7:41pm
Anyone tried to buy shares recently? Very very very hard to buy shares without driving the price up. NCIB cannot drive price up while buying shares, so that must be why they are not doing full allotment on some of the days. Anyway, no one seems to be buying or selling at the current price.
Comment by
gold_diggers1 on Mar 25, 2024 7:36pm
Once upon a time, not that long ago... Sold all your shares now?