TSXV:JPWR.H - Post by User
Comment by
stockykindaguyon May 07, 2018 8:18am
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Post# 27990258
RE:RE:RE:RE:By far the most frustrating stock in my portfolio
RE:RE:RE:RE:By far the most frustrating stock in my portfolioZucchini77 wrote: Fully agree.
Looks like insiders know whats going on and are cashing in on what they can before the news. At this rate of dumping, it seems like the news is going to be very negative. A big thank you and F U to Ravi Sood and Colter Eddie for the crappy leadership.
from what i've been hearing, the big seller has been a hedge fund that was involved in the deal at 48 cents. they have been selling short from when this thing was at 60 cents all the way down here as they have so much paper on the books. they don't care about the price supposedly because they have made so much money in other deals this year and are upset with mangement with the lack of promotion. Getting rid of the stock at these prices is just is a big F U to management and has nothing to do with the negative news.
This kind of stuff happens all the time when you make one of the companies that helped finance you upset. They have enough money and just don't care and want to make the mangement look even worse.