GREY:ATBPF - Post by User
Comment by
JimmyJon Feb 18, 2021 8:08pm
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Post# 32605752
RE:Looks like it bottomed out. Get'em while they are cheap!!
RE:Looks like it bottomed out. Get'em while they are cheap!! I don't know about $7 in a week but I do like I your enthusiasm. Im anticipating more of a slow bleed to the mid-low 5's unless we get some quick news (unlikely). I also see this as a healthy (planned) market correction, I mean a 40% gain already this year (and now stabilized) is not bad at all.
Check BLDP as a recent example of slow bleed after a bought deal this year. They went from$29-$52 over a few weeks in January, and then lost the wind in their sales on with the TD Securities bought deal at $46cdn/share. It's been a slow bleed ever since and doesn't appear to have found bottom yet.