OTCPK:VREYD - Post by User
Comment by
Chris_torontoon Sep 24, 2019 3:49pm
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Post# 30160404
RE:Stock relisting
RE:Stock relistingDelisted stocks usually rally after the delisting takes place. If history is any indicator, time to sell the delisting trade is ~ October 20.
Tomorrow I think Iran's president speaks at UN. Oil is down in anticipation of good news surprise. if doesn't materialize then oil should return to fair value which is slightly above current levels and maybe into the low $60's. At least for a while. My opinion only.
MustangMatt wrote: I think looking in the rear view mirror is a mistake here. Patientce is required, the easy money was already made on the TSX index change. Think about the buying that would occur 11 months out, if Torc was re listed on the TSX. The reverse will happen and managers will be forced to buy. Forward is the way to look at stocks. If you think the company and stock will be in better shape next year, it is a good long term play. Paid to wait, cheers Matthew