RE:RE:The Problem With Playing Your Cards CloseI assumed the fall in price was part of a set up for a new financing or just summer selling. The venture exchange looks awful It just made 2 yr lows and looks like it is going lower. NNot a good sign for any stock on this exchange.
AlternativeView wrote: Clearly, today's selloff got Turenne's attention. So much so that he bought 15,000 shares on the open market and reported the purchase the same day. Typically suich reporting is lagged a couple of days. It is clear to me that he intended to send a message. But it is a message that few will hear and less will understand. As for me, I was a buyer lat week, up to 14 cents but not this week. I will buy no more until we get a clear PR laying out FPX's plan of action. Enough is enough.
AlternativeView wrote: Is that nobody really knows what is going on.
Luckily, Turenne has availed himself of the oldest trick in the book to send us a message today.
The message comes via SEDi.ca, in the form of a small buy. In the acounting world, such an action is generally meant to be interpreted as a positive commentary on the prospect of the company.
3219942 | 2018-08-08 | 2018-08-08 | Control or Direction : Martin Turenne Consulting Ltd. | 10 - Acquisition or disposition in the public market | +15,000 | 0.1100 | | 2,865,519 | 2,865,519 | |