TSXV:MBI.H - Post by User
Comment by
SchiffKnowsBeston Dec 02, 2017 8:10am
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Post# 27077131
RE:RE:RE:There Go The Lemmings....
RE:RE:RE:There Go The Lemmings....Wasn't me on either end. I did note that once the selling started somone pilled onto the 2 cent ask to try and give a further push into the 1.5 cent by the lemmings. I suspect that those who sold at 1.5 cents may be regretting that move in the coming week(s). Usually a market cap of this size would suggest bankruptcy or unable to obtain financing. The upcoming share split tells me all I need to know.....That being a financing is about to take place (at what price and by whom?) and that the shares are being purged to negate some of the resistance before a positive news catalyst. Remember, WJ has every incentive in the world to make this work....Even if it means a change of business. For him to make any money he needs this to go above 5 cents or 50 cents post split.