TSXV:POI.H - Post by User
Post by
NotFreddieon Dec 09, 2016 2:28pm
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Post# 25577748
Surprised at today's Volume
Surprised at today's VolumeI see that 1.1 million shares have traded as of 2:02PM today. IMO, now is not the time to be trading SLC. Anyone buying are just throwing good money away. As for the sellers, they have already lost most of their investment, and it's pointless selling now. Doing so at this point, they are losing the priviledge of voting on Dec. 21 and depriving themselves of making a statement of protest.
The way I see it, Slyce will be defunct no matter which way the vote goes. Anyone holding shares will ultimately lose all of their investment. However, by holding on to their shares until Dec. 21 they can at least have the satisfaction of knowing that they went down with a fight.
Therefore, if you wish to sell your shares, I'd suggest and urge you to wait until after you vote. After all you have very little, if anything to lose, since I doubt that the share price will change between now and then.,