Post by
Davinator on May 08, 2024 12:39pm
I'm willing to bet...
...that we finish today up half a cent. Everything looked good for the first 90 minutes after open today on the TSX. Normal trading patterns and volumes. SP quickly shot up to 51¢. Around 11am the algos kicked in and it's back to 500 and 1000-share trades from our friend at Morgan Stanley and we're down to 49.5¢. Again, I hope I'm wrong but there is nothing normal about this. Our SP is being controlled right now with a tight lid on it.
Comment by
Baxbax on May 08, 2024 1:14pm
The post DHS test needs to be few juicy non OVG deals. Agreeing that it tells a lot. If no BO prior. Like u said, maybe this happens in tandem with Q results. Results which can been solid but not yet massive surprise.
Comment by
Nightstocker on May 08, 2024 1:58pm
@Romulus22, I would imagine any buyout offer would go to a shareholder vote. Reverse split, I'm not too sure. That would be considered more of an operational decision, so we might be SOL. Anyone else know if we have any recourse on an RS?
Comment by
Redneck2 on May 08, 2024 1:43pm
After 6 years , I can wait a few more , a cheap buyout is a hell no ! No need to let oppressor win , have patience, make them wait till we receive a really good offer, let the quarters and revenue keep piling up, then start a bidding war . Open it up to the one with the most money for the shareholders.
Comment by
Baxbax on May 09, 2024 12:07pm
It seems like this wants to be kept at 50c level. If regular shorting, u would imagine they want to push it lower on easy days like this one. Ammoes are saved if any uplift.. this is like watching paint dry and peters interview was even more depressing when talking down the dhs effect. Wiseman said maybe time to focus on real life for some time :D
Comment by
Nightstocker on May 09, 2024 1:20pm
Totally agree, Davinator, Evans definitely missed his nappy before that interview. My concern is that this manipulation has been very effective in raining on our parade. Evans can't be 100% confident that any NR is safe from manipulation on the TSX. Unless of course the next NR is a buyout or something...