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Bullboard - Stock Discussion Forum CubicFarm Systems Corp V.CUB

Alternate Symbol(s):  CUBXF | V.CUB.DB

CubicFarm Systems Corp. is a Canada-based local chain agricultural technology company. The Company provides automated on-site commercial scale food and livestock feed technologies through research and development, manufacture, and sale of hydroponic growing systems. The Company operates through two segments: Feed Division and Fresh Division. The Feed Division segment operates using the Company... see more

TSXV:CUB - Post Discussion

CubicFarm Systems Corp > Right on Cue
View:
Post by bandit69 on Apr 20, 2022 11:17am

Right on Cue

And there it is.  BMO showed up to dump just as expected.  I wish I could do a live play by play for this one because it's so predictable.

I keep wondering if a financing is coming? and does someone know? or does someone just really want out and it's so illiquid that it's hard to do since buying pressure simply is weak? Why doesn't this someone (assuming 1 person) selling via BMO just call the company and sell a block to someone instead of killing the share price in the market?  or is there an agenda by dumping on a daily basis?  if so, then what is the agenda? I think this is possible to do a block trade from a holder to anyone else but I can't confirm that assumption.  However, I am pretty sure I have had equities before that have done that but maybe it was insider to insider.  I can't recall with certainty.

It was clear in the December interview no financing was needed in the foreseeable future.  As I have said, I have my doubts that they can avoid a financing with 159 staff/contractors and growing and with such long dated revenues/receivables/checks in the bank but I will certainly tip my hat to them if they can avoid doing a financing.

December Interview

https://www.youtube.com/watch?v=818VqQiYDaA

1:09:24 - 1:10:54

This interview was actually pretty good with good questions and good clear answers.  Worth watching all of it.
Comment by SpivTrader on Apr 20, 2022 8:01pm
I too have been watching the way BMO has been selling/dumping and it's definitely punchy. They sell tens of thousands of shares in a short period of time, step away and do the same a while after. Not what you'd expect from somebody who wants to have minimal impact on price. To be fair to CUB, the whole CEA group has been hammered, but they need to deliver on orders and deliveries or it' ...more  
Comment by bandit69 on Apr 20, 2022 11:48pm
Yeah.  Brokers are shifty.  Glad someone is seeing the same.  I think they need to release news when it's there and not plan for just early mornings early week ( seems planned from my own observations).  I say just release the news anytime otherwise it's too predictable.  Morning comes, no news, the mice will play all day and all week as we see and have seen.  ...more  
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