RE:RE:RE:RE:RE:BlueCollarBlueCollar51 wrote:
I can only conclude that either Student Transportation doesn’t understand the reporting requirements or can’t be bothered to fully comply. Regardless of the reason in my “opinion” it doesn’t reflect well on Student Transportation.
Retail Investors if they actually do some “Due Diligence” have to rely on the Publicly Reported Info. If there are “Irregularities” or “Delays” regardless of the cause in the Publicly Reported Info it makes it difficult to attempt to make “Informed” decisions.
As Always; Do Your Own Due Diligence; It’s Your Money !!
FYI; The INK/Canadian Insider Reports are compiled from the info reported to SEDI and are used by both Retail and Professional Investors. Not everybody can afford a Bloomberg Terminal.
Just so I'm clear, your assertion is that the SEDI report for August 5 of this year represent trades that actually accurred on August 5th, as opposed to trades under the NCIB for the month of July? I have no basis to say whether you're right or wrong, just asking.
There are multiple other companies that I'm following that have issued NCIBs in similar time frames - a good example is The Intertain Group. Per SEDI there have been zero purchases by the company itself since August 1 but if you read the bullboard they're buying 100k+ shares every day.
I get that you are supremely bearish in STB, though I won't claim to know why. Based on what I know, I can't say with any degree of confidence that your view on NCIB purchases is the right one, though I can say that we will know pretty well by about October 10.