RE:Shall we see new high this month?? 💰 Bought shares before & after their 1st Q Financials.
After my first look at TBL, I was puzzled at the low SP .. after an excellent year that promped them to issue a special dividend.
Now it's just getting absurd. FIVE trading days after they released a record 1st Q ($29 M in Net Earnings with an eps of 27 cents) , the SP has dropped 9 cents with pathetic volume .. and the TSX is currently up 186 points.
Some have mentioned the low float. It does make for some volativity but I've owned several stocks with a low float and when they performed well, the market reacted quickly to move the SP higher.
Not a patient man .. I'll see what happens over the next couple of weeks and move on if the SP is still anywhere near what it is now.