GREY:ABGPF - Post by User
Comment by
The_Guruon Nov 02, 2015 8:00pm
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Post# 24251976
RE:RE:RE:Someone keeps pounding the bid at 0.15
RE:RE:RE:Someone keeps pounding the bid at 0.15It makes complete sense if you want to get your money back out of a stock (that has underperformed) yet keep your options open to the long term growth possibilities of the company. They now have their money out and can invest it in sectors that are performing better than mining (almost all sectors are performing better). They have warrants that potentially could be worth good money down the road.
Remember that most people that invest in PP's are more wealthy than most retail investors, so taking a haircut on the shares now and being able to profit from the warrants down the road is not a bad situation.