TSXV:WMG.H - Post by User
Post by
Bigrig16on Jul 17, 2022 11:07pm
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Post# 34830344
Weekend Bizz
Weekend BizzAll very good points Konnect.
I might add one thing further based on Stockprobe post on the 15th regarding his view point on several houses and manipulation of the stock price and shortest.
Ultimately what will drive the price is buyers, and we have many long time shareholders, we do need more buying to come into the market.
On that note I had an interesting discussion with another shareholder this weekend which I thought was intriguing.
The short version is you make some assumptions about the number of current shareholders.
For our discussion we figured 2500 to maybe 3000
Now make an assumption that each existing shareholder bought 10000 more shares.
That makes 25 to 30 million shares of buying power.
I figure that would be more than enough to drive the price and make shorter and manipulators have cause for concern!
I think everyone is sitting back maybe content with their holdings and waiting for the big news that is going to move the stock.
Buying moves stocks, period.
Just some food for thought !!!!