TSXV:FCO.H - Post by User
Comment by
thecatherderon May 15, 2018 11:38am
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Post# 28032752
RE:RE:RE:RE:RE:RE:RE:House 033 Canacord big dump
RE:RE:RE:RE:RE:RE:RE:House 033 Canacord big dumpI agree. Smells like positioning for another fund raise. Maybe the prior buyers are getting liquid (selling) to buy another raise with warrants. Just not sure why new buyers of quantity wouldn't also wait for another raise with warrants? Or maybe the new raise is only 50/50 right now depending on a new (foreign) investor with battery production facilties to feed (and one who is a buyer of a few million open market shares). Maybe the curtain will be pulled back soon after the expected "study" is released? In any event, I've added some shares around $1.40 and will add some more this week or next unless there's a pop (which I don't expect). Downside risk seems limited or so it seems.
The Cat Herder