OTCQX:GTGDF - Post by User
Comment by
AuM2018on Nov 26, 2018 5:22pm
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Post# 29023906
RE:why has GTT been selling off so much???
RE:why has GTT been selling off so much???Just a guess, but on Nov 10, you had expiry of about 4.4mln warrants priced at $0.20..... I'm sure the holders of those warrants quickly exercised and are looking to cash in.
And on Nov 21, you had very cheap escrow stock, about 6mln shares (I think) come free trading.
That's a lot of cheap paper coming to the market.
In short, more sellers than buyers.