Up Again ???CGQe Up $.07 to $4.90 to this morning.
My thoughts are that the financials are up about 4% from the 15th of Oct. so the NAV should be around $3.93 plus 4% = $4.09
CIBC world markets have been a major player in this stock. They were both buyer and seller of 1000 shares on the first two trades today. Could be trying to set tone for trading.
The apparent dividend of 21% could be enticing some who do not know the situation of this stock,
there is little mention of disolution since the July vote. Most trades are less then 1000 ,so probably smaller retail players. Think I am right, hope not to many get hurt. If I were a short seller I would.
GLTA Rainham