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Catch the Wind Ltd V.CTW



TSXV:CTW - Post by User

Comment by IqaluitZenon Nov 11, 2010 1:22am
256 Views
Post# 17690849

RE: RE: Mistake?

RE: RE: Mistake?The reason I asked was because I got in 1 day after the announcement about the sale.  I had been watching this stock for awhile and pulled the trigger.  Then, the SP dropped to .45 and that was why I was so confused.  They make a big sale, and then the SP drops?

I know they have some financial issues and they fired their CFO.  I'm guessing he dumped his shares which tanked the stock a bit, but have been wondering where a NR might be, or an update....I would think they might have some decent data showing something by now?

I was just wondering if there was something in particular that I missed or didn't understand that made the SP drop, but maybe it was just the ex-CFO dumping his shares after being let go.

Thanks peakoiled.
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