TSXV:NDVA.H - Post by User
Post by
Blurr4on Sep 03, 2014 10:46am
103 Views
Post# 22900894
Relentless Selling
Relentless SellingI believe our small company is well positioned to perform well over the next 12-18 months. I love the frac sand sector, I like the small number of OS and I like the aggressive nature of our CEO. What I'm troubled with is the relentless selling we see day to day, often from Anonymous.
We're expecting some good news very soon and again this morning a huge block of shares (158,000 is on the ASK at $.13). Didn't we just have to chew through a big block of shares at the same price a few days ago?
I've been trading equities for 25 years so I've heard the 'be patient, holding long term will pay off, for every seller there's a buyer, etc.' axioms. WIth such a low float, chewing through yet another sizeable block of shares is frustrating.
Does anyone know if these blocks of shares at $.13 are from an investor blowing out his/her position? Are we close to seeing the end of this? Has anyone spoken to Rick (CEO) lately for an update?
Thanks in advance.....