GREY:ISYRF - Post by User
Comment by
humppyuson Nov 15, 2019 5:34am
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Post# 30354827
RE:Another comment
RE:Another commentmrmoribund, thanks for the posts. I was a little suprised how ITC did promote its success a little more than usual in the Q3 release. However I thought it was because they were selling to the LTRX shareholders and Analysts so to speak. If you spend time on the LTRX Yahoo board they are either thinking they got ITC for a steal or wondering why ITC is selling itself so cheaply. They are wondering if there is something wrong with ITC because it is selling itself so cheaply.
The big wall that existed between 1.53 and 1.55 went on Wednesday and did not return. Accross both exchanges ITC traded about 4.5 million shares between Oct 31 and Nov 13. Which is just shy of 23% of its S/O. House 009 or BMO was the biggest buyer. Well see what happens over the next six weeks up until the vote. I would love to see a competing bid, but not holding my breath. ITC certainly is giving the market time to kick the tires before the Dec 30 vote.