OTCPK:EUCTF - Post by User
Comment by
endeavouron Jan 09, 2017 3:55pm
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Post# 25684889
RE:Selling probably due to BNN interview with Robert McWhirter
RE:Selling probably due to BNN interview with Robert McWhirterNo, i don't think there's much chance it has anything to do with last friday's interview. Thats so 'last week', lol! The stock opened today at 17 cents so the BNN intereview was a non-event, the selling only came in later this morning as people read today's news release. I think the termination of the Digiflex deal (carefully added at the end of the news release) is what caused people to bail, that and Netafim not being seen as a near term catalyst.
But you're right, bringing netafim to market is a positive, just not one that is happening anytime soon, thus the traders push the sell button and move on to the next target that might move in the next couple of months.