RE:RE:IS THE NCIB USED TO BUY ON DIPS OR TO FIGHT SHORTS? What is Peter's purpose of that NCIB?
I think it is no use to use the company s funds to prop up the stock .hedgefunds are still mightier than peter .for the moment at least .
if you want to prop up the stock you have to publish your company on reddit and play robbin hood these days :) .
There is no other way to succeed in squeezing shorters and rob the robbers .
another way maybe to fend off robbers would be eventually to publish excellent results so that investors pile in .
how likely is that ?
i think it is imminent
hold on to your stock
dont sell
in small volume trading the ncib could make a difference .