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Epicore Bionetworks Inc. V.EBN

"Epicore Bionetworks Inc develops, manufactures and markets biotechnology products based on natural microbes and enzymes for the aquaculture, agriculture and municipal industries."


TSXV:EBN - Post by User

Comment by smallcap87on May 17, 2017 2:56pm
47 Views
Post# 26256138

RE:liquidity

RE:liquidity the illiquidity is part of what provides the opporunity here :)

some small panic selling happening today, obviously from retail. there was a large bid for 67500 shares at $0.93 cents for the last 3-4 days, and no one hit the bid. that bid vanished today (probably because of the broader markets today), and now you are seeing some sellers - if these were fundamental sellers they would've hit the $0.93 bid at some point over the last few days. watch for continued weakness and then a fairly large buyer (that previous large bid at $0.93) come in to clean up the panic supply. if results are not released until next week this is what i think will happen; if results are out tonight, which should be good, then all bets are off and we'll see $1.00+
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