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Bullboard - Stock Discussion Forum Thunderbird Entertainment Group Inc. V.TBRD

Alternate Symbol(s):  THBRF

Thunderbird Entertainment Group Inc. is a Canada-based full-service multiplatform production, distribution and rights management company. The Company creates scripted, unscripted and animated programming for the digital platforms, as well as Canadian and international broadcasters. It develops, produces and distributes animated, factual and scripted content through its various content arms... see more

TSXV:TBRD - Post Discussion

Thunderbird Entertainment Group Inc. > Illiquidity is your friend on the way up...
View:
Post by InFactsWeTrust on Sep 22, 2020 12:00pm

Illiquidity is your friend on the way up...

but not down.  I don't like the action on QQQ.  Or ANGL or BB spreads (looks like a new uptrend in spreads, which could mean we're getting into a credit cycle.).  So even though TBRD is an amazing company, I don't think it is immune to an overall downdraft in the markets.

I just went to see what price the insiders last bought at ($1.22) and was surprised to see 400,000 insider sales by a director and officer on Sept 16 at $2.01.  So, all in all, i think it's time to take a few profits with an eye to picking them up lower again.  You don't want to be trimming this when everybody hits the sell button - there's just not enough liquidity.
Comment by mesa1 on Sep 25, 2020 11:19am
I wouldn't assume anything re the sale of 200,000 shares by each of Tim Gamble and Bill White. Those trades were obviously pre-arranged. ie somebody wanted a meaningful (starter?) position: Trades for C:TBRD on 20200916 - 34 trades displayed Time ET Ex Price Change Volume Buyer Seller Markers 15:04:34  ...more  
Comment by InFactsWeTrust on Sep 25, 2020 4:04pm
It would appear you are right, given the price action.  
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