TSXV:RHT.H - Post by User
Comment by
narmaron Oct 08, 2015 9:32pm
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Post# 24177676
RE:RE:RE:RE:Also from the volume
RE:RE:RE:RE:Also from the volumeSmithwicks, if I had to make an educated guess, Mackie/Anon selling today and the past few days was mostly the old 20 cent PP holders. I am not faulting them for taking their profits and running but it does show how short sighted and lazy some brokers/ investors can be sometimes. I fully support anyone that takes profits as the SP moves up while the story develops. But selling your position while the story is sill developing, just because its in the money, has amateur written all over it. What it seems from the trading is that the 20 cent holders got in the story when it was only Smartfleet and they never bothered to understand the new business or do the required due diligence. They saw a 50 to 75% return on their shares and ran with it. I say goodbye and good luck moving your capital to another stock. I am happy seeing the shares move to stronger hands and to a wider audience. The story is being told in the US and Europe now, which is evidenced by the strong buying at these levels. Without getting this story to a wider audience, having to clean the 20 cent PP would have pushed the SP way lower. In contrast the SP has been holding strong in the 35 cent range. IMO opinion, shareholders now know that sales are being launched in the near term (Q4 2015) and a lot more investors will be coming in sooner than most people think. MSD is on everyone's radar and once the last bit of 20 cent PP stock is cleaned up (IMO this is done as of today or last if it tomorrow), the SP will continue to move up with the announcement of sales contracts. Good luck to the all, narmar