Post by
Aallyy on Sep 19, 2023 3:57pm
Further strategy analysis (paralysis)
The coincidence or non coincidence of no trading in CACR and FNC certain days recently means?
The scuttlebutt about takeover of FNC by KWG has basis or no basis related to the above;
If there is a desire for takeover by a whale wouldn't one want to pay the least for the shares as possible...could recent dump be a test, why would anyone want to dump when there is scuttlebutt about a takeover??
I am not convinced the auditor delay is normal practice. It is likely to be a tactic, perhaps for shareholders to lose heart or be filled with fear that all will be lost. Let's remember the value of the properties and holdings is separate from who is controlling them.
A tarnished, hidden jewel remains.
Conclusion: today's booming share volumes are a test prior to whatever is coming next??
Comment by
Mistyblue on Sep 19, 2023 7:51pm
Aallyy, believe you hit the perverbial nail right on the head. It was a TEST, but I'm skeptical about trader to trader from same brokerage as it appears to be a FISHING trip to gobble up cheap shares., Hvae to wait for Ford and company to get back in the pit before any action on this if any... JMO... MB... Good Post!!!
Comment by
Aallyy on Sep 19, 2023 8:50pm
Thanks Misty Blue, your trader analysis is sharp. You have to keep Eagle eyes on this crowd, every move they make... Good luck!!