RE:RE:RE:RE:RE:20 consecutive trading daysTrytobelong wrote: read today about VWAP and made excell sheet : today VWAP was 6,27 $ ,
need 6,48 vwap for 20 consecutive days...
excuse for the error of the closing price
Trytobelong, I have to admit that I am losing my patience with Quipt and these facking markets. More specific to the continued manipulation of the stock price. We all know the pattern and so does the company, the question remains what can they do about it? In the past 8 or 9 days we have had 2 pretty good news releases that in all honesty didn't really produce that much trading volume.
You said it yourself that we are still having problems getting past $6.48 CAD and then very quickly falling back down on redicously low volume. The company needs to get rid of these debentures, I am in the camp that believes these debentures are causing a major drag on the SP.
It is not the retail guy that is causing problems, the same institutional house's that can help support the stockprice are manipulating it lower for their own advantage and Quipt knows it. They seem powerless to do anything and according to Aaron Warwicks article this will continue for a few more month's. Under normal market conditions and without the manipulation I really believe this SP would be well north of 10 canuck bucks already.
On a side note I emailed Cole Stevens regarding the status of the long delayed LOI announced last November, asking only if he could say whether or not they were still in talks. No response, I emailed again saying that the LOI announced was public information already, again no response. What is the big deal and why no update on this fricking acquisition? Clearly something must be wrong with the quality of earnings as reported, so walk the fact away already and move on. The fact that the company is lacking in transparency regarding this issue, quite frankly is pissing me off.