TSXV:BTI.H - Post by User
Comment by
lovincoalon Mar 10, 2017 4:48pm
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Post# 25966167
RE:RE:RE:RE:RE:RE:RE:RE:RE:Fear Fongering
RE:RE:RE:RE:RE:RE:RE:RE:RE:Fear Fongeringyes I remember you posting that but why, in your wildest dreams, would you even think it would hit .75
I thought you were just throwing out a random, low # when you mentioned it. I can't believe you actually thought we'd hit that price. If you did believe it, why ? what craziness makes .75 justifiable ? Yes, a crazy market with a crazy seller can distort reality for a brief period of time and that is what we have here. I don't know if this anonymous seller is losing his shirt by selling it down at these prices or if they have cheap paper from long ago and are still making a profit.
I still think the management here should have tracked this seller(s) down and arranged a block trade into hands of believers - the company would be better off and the seller also.
If a placement is being contemplated as several have speculated and posted about, it's destroying the price it should be done at and that dilutes the company more than needed all because of some stupid anonymous selling that could have, imo, been stopped long ago at higher prices.