RE:RE:RE:Date?goldanalyst wrote: Thanks Z
Is the market trading this one down as it adjusts to the spinout?
Usually the market rises into the spinout and then falls afterwards.
What am I missing here apart from general market malaise ?
Been getting hammered recently despite positive developments
Cheers,
M.
I think member Canticle speculates it nicely a couple posts down on this page. The SALT shares rose throught to the spinout (hit $4.48). However, it's possible/likely that that quick rise was anticipating an outcome more directly linked to SALT as a result of the meeting between Trudeau & Germany. However, once that fizzled and all that really came out of it was an agreement to work to gether to start development and set some aggressive targets. Depending on where the stock sits on or around September 21, it will likley dip again as a result of the spin-out. IMHO, SALT still has loads of upward potential but the market seems to think right now there isn't enough firm info/analysis in the market to support a price between $3-$4 (based on where its trading now).