RE:RE:RE:RE:$$$ ;Valuuuguy,
With all due respect I do not share your opinion.
If NO ONE was able to sell then that would be fine by me.
Neither you or me or anyone else could predict the outcome if no one could trade today and opened for all shareholders next week simultaneously. That's how it should be.
My account (and my wife's as well) is basically locked being a TFSA. Both accounts are full so I can't add any funds.
This is totally unfair! Period!
Valuuuguy wrote: teckpro, with all due respect, the fact that most retail holders CANNOT SELL shares today is NOT hurting the share price!!! If anything, it is helping!
I would imagine some arbs who bought in for spinout are selling today. Possible some new shorts (now that the spinout is done its less complicated), and, MOST IMPORTANTLY, today is the first day TUD is trading EX-GSTM, so it is logical that share price drops. At 40 cents GSTM, it should drop 10 cents, AND IT HAS.
TeckPro wrote: To be clear 106,122 shares sold / traded as of 12:30pm. So who's selling I would like to know? That's pretty high volume and it's being pushed down on purpose as usual IMHO. Lots of annonymous selling.
Over the past 2 days we had very high volume and price was up most of those days. It's the same company, same situation, nothing has changed, so it's manipulation while legit shareholders are stuck without either share in their account.
As far as I'm concerned this action today is illegal.
Valuuuguy wrote: good news is since no one has GSTM shares to sell, price being pumped up (few thousand traded at 40 cents, thats 10 cents per tud share).
As for who is selling TUD? once again, either people who were ON TOP of this 214/7 with broker, or those with prime account who can sell as it is T+2, so as long as broker does the exchange, they're fine. With just a regular account, not allowed to do that.
Rockit2 wrote: At least call them and give them a piece of your mind !! Made me feel a little better !!