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Stuart Olson Inc CUUHF

Industrials
"Stuart Olson Inc is a Canada-based company. It operates in business segments that are Industrial Group, which offers services to clients in a wide range of industrial sectors including oil and gas, petrochemical, refining, water and waste water, mining, pulp and paper and power generation; Buildings Group, which includes construction, expansion and renovation of buildings for private and public sector clients in the commercial, light industrial and institutional sectors; Commercial System Group


OTCPK:CUUHF - Post by User

Stuart Olson Inc > Just Read A National Bank Of Canada
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Comment by crow27on Jun 21, 2019 1:15pm
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Post# 29850100

RE:RE:RE:RE:RE:RE:RE:RE:RE:Just Read A National Bank Of Canada

RE:RE:RE:RE:RE:RE:RE:RE:RE:Just Read A National Bank Of CanadaI believe that when SOX buys stock for their employees under the stock purchase plan they just enter the market (aprox once a month) and buy so many thousand shares at market prices. They are not setting firm prices at which to buy, they just say, buy these many shares today.
Now that would not change the SP much on a company that has hundreds of million of shares out but SOX only has a small amount of shares so a market buy can drive the SP up very quickly and then once the buy is complete it just seems to fall back to the price before the buy happened.
Just my opinion but it has happened many times. Lets see if next month we have a big jump in one or two days and then if it drops off.
Anyways it hit $4.00 the other day on a huge spike of volume and now we are sitting at $3.58 with no volume. A little strange i'd say.
Maybe someone knows something and a buy out is about to happen?
Who knows??
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