TSXV:YDX.H - Post by User
Comment by
FarmerInvestor4on Mar 07, 2017 8:45am
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Post# 25942459
RE:RE:RE:RE:Buy at 34/35. Sell 38/39
RE:RE:RE:RE:Buy at 34/35. Sell 38/39FarmerInvestor4 wrote: Farminch wrote: I have read it, but I'm not strong enough in financial statement to understand everything clearly. So I'm just asking myself: why are the warrant selling at 0,38-0,39 instead of letting it climb in the mid .40's or more? Maybe there is something I don't understand. I'd be pleased if someone can give me more explanation about it. Thanks.
Warrant holders have a position already at $0.15 on initial PP. The 3 to 4 cent gain is additional gravy for a 10% gain in every flip.
My opinion
Good Luck,
FI4
Farminch...
To add:
On a positive note, everytime someone sells at the $0.38 to $0.39 level, there is a buyer at those levels. So we know the shares being slowly accumulated are going into stronger hands.
I see good things on the horizon for YD. We just need to exercise some patience.
And the fact that an insider bought in the public market at $0.40... I view that as a positive signal of good things to come
Take care,
FI4