RE:RE:RE:AND IT BEGINS!!!!!!!!!!!!!!!!!!!!!! do think your strategy is right. put a price limit like .25 for half and put in a bid for the other half around .21 was trading .23-.27 in grey almost always would oen higher when live. what if it opens at .24 and and slowly trades to .29 during the day and doesnt sell off? opens and sells off to what? you want to be long for the next 3 or 4 trading days for sure.
here's a big reason why. they'll be buying $2-3 million of a position im sure with a .25 limit.
Healthcare Special Opportunities to list on TSX July 15
2015-07-13 18:48 ET - New Listing
Healthcare Special Opportunities Fund will begin trading on the Toronto Stock Exchange as an industrial issuer at the open on Wednesday, July 15, 2015, according to the TSX. The TSX reports the fund will invest primarily in publicly traded health care equity securities, but may also invest up to 20 per cent of its total assets in private equity investments. The fund expects the public portfolio to consist of the securities of 20 to 30 large-, mid- and small-capitalization health care issuers based in developed markets.
As in the June 26, 2015, prospectus for its initial public offering, the fund plans to sell 10 million Class A units and/or Class U units at $10 per Class A unit and $10 (U.S.) per Class U unit. The Class U units will not be listed on a stock exchange, but will be convertible into Class A units on a weekly basis. LDIC Inc. will act as the trustee, manager and investment adviser of the fund. Canons Park Advisors Inc., doing business as Dalsin Greene Advisors, an investment research company based in Coto de Caza, Calif., will act as an industry adviser to the manager.
Beginning in 2016, the manager may determine to pay a cash distribution, based on prevailing market conditions and the total return generated from the portfolio.