TSXV:LLO.P - Post by User
Post by
MNK3240on Aug 12, 2019 10:24pm
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Post# 30020450
Great people, good readymade idea & low float: Lucky break
Great people, good readymade idea & low float: Lucky break Seems everything is in the right direction from the get go. Not sure as to how it will go next few days but one thing I noticed today is that the share supply is limited, very limited. I myself put a couple of times 10 cents over the ask to fill my orders, ultimately I got it done.
For a penny stock, you can buy millions if you go either at asking price or a cent over in a fraction of a second. But not here, even after putting way over asking price, I had to wait long time. Point is low float can make this thing going considerably higher if the management manages the info releases in an effective and efficient manner.
First few days after IPO always tricky, some starts low and go high and some start high but go low. It’s hard to predict the direction.
Fingers crossed, see how it goes tomorrow, we have to gay day by day first before settling down!
GLTA