TSXV:CHN.H - Post by User
Post by
bigmack1on Nov 30, 2016 9:48pm
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Post# 25537797
IIROC
IIROCDoesn't matter.
There isn't enough meat on the bone to hold this one back and its really hard to keep a good company down. IIROC was sketched out by the breakout that was looming and imo the breakout is still inevitable. Anyone who looks at the stock closely will see that there are very few shares outstanding and management has not sold any and will not sell any in the near future.
It was an unfortunate turn of events that surpressed the gap up, yet nothing has really changed and that is why I hold tight and batten down the hatches.
We await confirmation of the textbook orders because they confirm the fairly well known fact that more and more money will continue to flow in. The last news was of non dilutive financing (textbook printing) and the next news is KABOOM.
On the slightest hint of Soccer textbook sales news we soar. I don't care if someone plays with the stock and dips it to 0.15 or what ever. This stock has better books then every other vulture stock trading at 0.35+ and is tradding at half price do to a healthy fear of uncertain political wildcards in China.
However, Chengfeng Zouh has and will continue to run a tight ship and penny pinch his way to dollars per share. The second you see management start to unload shares run for the hills, until that time, I will continue to load on dips and keep this bull bucking and balling his way to a buck or two.
Its my gut feeling and a whack of DD that led me to this position and I am sticking to it.
Bigmack