TSXV:CEN.H - Post by User
Comment by
Swing4theFenceon Aug 29, 2011 4:28pm
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Post# 18990686
RE: Just have to make sure
RE: Just have to make sureJuly 7th of last year was a large volume day of 4.7 million shares and it got down as low as $3.50
What bothered me about the stock was actually in January of this year there was a bunch of hype that this stock had great prospects going forward over the next 6 months and then they threw 3.5 million shares on to the market at $7.10 which was significantly below the market price at that time.
Sour grapes - yeah maybe. Just hesitant to think that a $16.50 - $20.00 share price is achieveable with large large insider holdings that would be tempting to sell.
Prove me wrong Coastal !!!