GREY:ISYRF - Post by User
Comment by
esprit1on Aug 11, 2016 11:40am
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Post# 25131006
RE:RE:RE:RE:PRICE PER SHARE
RE:RE:RE:RE:PRICE PER SHARE
Morningstars ongoing complaints are valid. Bay Street either does not know about ITC, or ITC is still in the doghouse for past failures.
Except new management has been here for well over half a decade, and as Rezinick points out we have had over a dozen consecutive quarters of positive EBITDA and significant YOY revenues.
ITC is absolutely and utterly failing to get their story out - and it is a decent story.
As far as I am concerned this sits at the feet of the BOD - these guys are supposed to be connected.
They are the ones that - despite shareholders disagreeing with them - did a share consolidation to get the price over a buck so Bay Street could buy in.
That implies that there were buyers waiting to get in. Clearly there wasn't, because on a good day ITC trades about 10 - 50 K worth of stock. Peanuts.
Not enough to drive up and hold gains. Rezniks insider sales last month quashed the small rally we were having.
Insider buying - considerable amounts - would help sell this story better, along with the BOD spending a couple of months hounding any contacts they have on Bay Street.
Handing out cards at trade shows is not what drives share prices.