Post by
fergus2 on Apr 03, 2023 5:27pm
Something is going down.......
Well something is going on here, -even without news. .Of course, that is news in itself. .20 seems to be the line in the sand for buyers, with the occasional heavy sell order that might spill it over to.195, but the vacuum, (in the sense of sucking up shares) seems pretty relentless.
There is positive interest here, of that there is no doubt! But we all may be surprised as to the entity.
Could it be Dyment buttressing his stash in order to fend off certain unwanted buyers not to his liking? No doubt I will be pilloried for making that remark.
But in this "dead zone" we are in, there have been there's been one hell of a pile of shares change hands. In terms of their products, patents, customer base, -6th largest transit company in US. if you balanced all that against the current share price I'm sure you could find a buyer that considers this a perfect situation for an outsized bet.
Comment by
ramman1 on Apr 03, 2023 7:53pm
Market does seem to be content in this .19-.205 area ,signalling a general feeling of potential 18 mil /rev for upcomming year . Lots of ''low ball suport below this level'', but also ,no confidence buys. Hard to imagine rest of year with no contracts : market is saying the same thing .
Comment by
NineLives on Apr 10, 2023 3:55pm
You might be on to something there as the bids have finally worn down the sellers and GSI is up 1/2 a cent. With spring fast approaching I would hope to see more green sprouts. Is an NR imminent ?