OTCPK:MEAOD - Post by User
Comment by
cambuson Jan 23, 2015 12:11pm
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Post# 23356265
RE:RE:RE:RE:They have to sell
RE:RE:RE:RE:They have to sellI think the main problem is that a shareholder has an enormous amount of shares that he has to sell.Until the main market becomes aware of how profitable MTO can be at these and hopefully higher prices this constant selling will keep the share price depressed.There is nothing to be done about it but be patient till either the forced selling is over or the profit situation is so obvious that enough buyers come to overwhelm the RRSP selling.Personally I had to sell some shares from an RRSP account although I dont hold enough to make a difference.It's just our bad luck that these particular shares are in an RRSP account.NB I dont have absolute proof of all this but am putting it together from information cleaned over the years.