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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Comment by TSXmarketwatchon Jun 04, 2012 4:16pm
145 Views
Post# 19978719

RE: RE: are bids going to appear............

RE: RE: are bids going to appear............

This one is now such a gamble... you could grab some shares at 1/2 cent and then be stuck with them... no guarantees of unloading at 1 cent any more...

BayWall, I do admire how you've somehow remained positive throughout this ride, but from my perspective, I don't see the 40:1 buy back as a good plan... Virtually every other stock that I've been with that has done this has ended up back at the same value within a short period... and all the investors totally lost out. Seems if the stock is only trading at 1/2 cent before the buy back, ultimately it will sink back down to that same point afterwards... I've yet to see one actually increase in value. The 40:1 issue will just put an artificially inflated price against the stock and it will tumble back down pretty quick...

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