GREY:CRIUF - Post by User
Comment by
deisman03on Jul 21, 2018 4:09pm
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Post# 28349024
RE:RE:NCIB
RE:RE:NCIB predawn wrote: The problem with KWH is they dont seem to know where what or why the SP is where it is,They wasted over 500K by buying back shares too soon;; people on here beek off saying its heavily shorted and it may be true however one would assume that if anyone knew that for sure it would KWH management and they just say they dont have a clue which stikes me odd for sure;;;;;;;;;;;;;
rico91 wrote: Some have stated on this board that the company has not bought any shares recently. How do you know? The company publishes buyback information once a month only. In early August, we will see the activity for July.
It would be a little crazy if they were to publish these purchases on a daily basis. People would just say, why didn't they buy here or there!!!
I have done and continue to do my DD which is why I was a buyer again today @ 6.06. On an hourly or daily basis , I have no idea where the SP will be, so I put in what I consider to be a low ball bid that I would be happy paying.
Sometimes I get the shares and sometimes I don't. If I don't get the shares because the price didn't fall enough. I am still happy.
For me , I feel that the company will recover and grow and that this is therefore a great buying opportunity.
JMHO
Rico
According to Ms Castledine, their investor communications manager, Crius has purchased over 325K units in the NCIB.
I don't believe they have a lot of cash to put into NCIB at present so only do so when it's available without borrowing money. This is IMHO of course.
I have bought and sold a bit at these low level swings. I did try to purchase 5k below $5.75 and only managed to get 500 units filled.
I'm still wondering what happens to the units shorters borrow as to WHO they can sell those units to???? Are they allowed to sell back into margin accounts where those units can be borrowed to short again?????
It doesn't sound like it from what I've read here and online but there doesn't seem to be anyway from stopping this practise, which could be very easily used to manipulate share/unit prices with very few actual stocks/units in the short.
GLTA the good folks here