Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by perdikaoilgason Jan 22, 2014 2:48am
213 Views
Post# 22118938

The Black Out & the Momentum Trader/Retail Investor sellers

The Black Out & the Momentum Trader/Retail Investor sellersFor those folks who doubt my statement about the current Black Out, I recommend them to send an email to the company or call the company. Plain and simple.

Again, the insiders are currently blacked out and they can not buy as long as the strategic review is ongoing.


The momentum traders have been selling since September 2013 because they do not get a quick buck. This impacts the retail investors who sell too. This drop creates a domino effect that impacts other retail investors and momentum traders, making them sell too. So they accelerate the drop. 

It is a given in all the stock exchanges that the retail investors buy and sell at the worst points. Nobody can disagree on this.

The link below from Morningstar.com proves that the funds that own 45 million shares have not sold since last summer. They have not added at their position waiting to see how things will play out, but they have not sold either. Click on the link from Morningstar.com, plain and simple:


https://investors.morningstar.com/ownership/shareholders-overview.html?t=TID&region=can&culture=en-US&ownerCountry=USA




<< Previous
Bullboard Posts
Next >>