RE:RE:Classic ExampleTorontojay wrote:
savyinvestor333 wrote: Of why you need to be in before the news is released.
The problem with this argument is that one may choose to sell and buy a company they believe has better prospects. They are still "in the market" and can participate in the rally of the new company/shares acquired.
Canada is not the best place to invest until we get rid of our leaders.
No the problem with this argument is it works both ways, and isn't a classic example.of anything, in this case especially. It may as well have said to be a classic example of sell into strength, as for now that's what it turned out to be.
Probably doesn't help that the NCIB may just be to help provide some liquidity for the increased option grants that are coming. As we know management here never seem to buy shares, just monetize options. At least the price should have to rise for them to bother to do so, hence the NCIB?