Post by
grenouille on Mar 19, 2021 12:05am
"buy the dip" opportunity in the morning?
i think the de-listing report for reconnaissance warrants (reco.wt) has been misread by some as de-listing of the stock itself. i think there has been some panic selling. there may be more in the morning. i have some "stink-bids" waiting if the price gets low enough. if not, oh, well...
Comment by
Ca01an on Mar 19, 2021 7:15am
Every oil company was down a lot yesterday, I don't think the warrants expiring had much to do with it (although this stock does not always follow the major oil stocks)
Comment by
Chihuahua on Mar 19, 2021 9:50am
I think it is more likely investors sold exercised warrants than misunderstanding the de-listing.
Comment by
grenouille on Mar 19, 2021 11:39am
whatever it was that caused yesterday's late afternoon dip, it didn't carry over to this morning to any great extent. never got near my stink bids. oh, well... nothing ventured, nothing gained