TSXV:TEK.RT - Post by User
Comment by
quicksilver545on May 17, 2017 12:33pm
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Post# 26255329
RE:RE:RE:i was thinking to get in
RE:RE:RE:i was thinking to get inNot really.. They are trading at 2.5 cents, which is exactly where it has been trading for the past 2 months or so. It may look like bailing because the stock appears down today, but in reality it was just up substantially yesterday due to some investors purchasing stock at 4.5 cents, perhaps thinking that they were getting consolidated shares.
In reality, the TSXV bulletin made it clear that it would trade unconsolidated yesterday, and there was a previous press release that suggested the reverse split was cancelled. So anyone buying yesterday, thinking they were getting consolidated shares for a bargain, was a bit careless. Though I will admit the company is doing itself no favours with the handling of this...