Post by
scarface9 on Dec 01, 2021 4:16pm
Who's selling
Over 3 million shares dumped at all time low. So, whoever is selling is losing money. Almost 50% drop since the PP that just closed.
Any ideas why?
Comment by
scarface9 on Dec 02, 2021 7:08am
I was thinking of buying the dip, but the dip turned into a cliff dive. The volume is what makes me wonder who's selling. I just hope it's not insiders, as part of the reason I took a position in this was because management had skin in the game.
Comment by
dangonline on Dec 02, 2021 11:09am
I'm positive that Management needs to publicly disclose any selling by them. I have not seen any such disclosure, so it can't be coming from internally. Nothing but milestones being hit ahead of target one after another. I believe there is great opportunity here.
Comment by
scarface9 on Dec 02, 2021 11:43am
I couldn't find any insider sales on SEDI. I know Elysee Development owns shares, not sure if they had to sell, just trying to figure out who could move so many shares. Not sure if I'll add shares. I prefer to buy dividend stocks, but bought some because I thought they had potential.