TSXV:MCLD.H - Post by User
Comment by
TickBombon May 14, 2021 1:54pm
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Post# 33204435
RE:RE:RE:52 Week Low!
RE:RE:RE:52 Week Low!I've never seen anything like it before. Every day just selling and selling. You would think that they could do it a bit more strategically rather than drive the price down so hard. Like don't they want more money per share. There is a point where they are just giving away their shares. Why not find a larger buyer and do a tender deal? There were institutional investors from the states who just bought a ton at $2.10. Like do a deal with them. It makes zero sense unless someone is shorting, this is the first time they have sold stock before, or they know something that is going to bring the company to zero.