TSX:SOT.DB - Post by User
Comment by
MARKOPOLISon Oct 21, 2022 3:58pm
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Post# 35039926
RE:WHY IS AROMOYNE SELLING?
RE:WHY IS AROMOYNE SELLING?Maybe with letter to shareholders he was expecting responsive either from slate or from funds insitutional investors a,though modest in size no repo we
he has to unwind his position will destroy the stock he will take major losses as the liquidity in good times is average for thei small cap stock
with low liquidity now he will get killed I estimate if he unwinds shorts will press and he will lose 5 to 10 million and considering he invested 60 million it would be careless on his part and going forward he will not be taken seriously on activism by othr managements. One thing about armoyan he constantly is an activist on stocks reputation is everything and he will lose his