RE:About ChangeTheBridge wrote: I may just be wrong but to me it appears that possibly one other factor has helped stablize the share price over the last couple of weeks (besides excellent management) is due to the tax loss selling. Those who had every intention of buying back after the 30 day waiting period likely sold earlier into the session. Those same shareholders were likely hoping to get back in December when others were finally getting around to take advantage of the tax loss provisions and make their share available at a low price. This $8 share price during this period in the market seems to point to some reasonble share price growth in the new year. As Malx1 has pointed out on many occasions the current share price is under valued, and I'm hoping that it's about to change.
Bridge, you are onto something. When sellers are fewer, there is more fuel for violent upside moves in share price as fundamentals warrant. Scenario........ When investors see a strong Q3 or Q4 in 2023, say share price is $9 at the time, we are setup for "gap up" in share price where buyers will be willing to increase their price limits to maybe $10 or $11 overnight. Would not be surprised if we see a day where price jumps $1 to $2 in a trading session. Buffett says we have to hurry up and wait. Sitting on hands as company gets stronger. Keeping Kasking away from his raiding of the high limit slots. Let's go back in time to when Russter said the stock IPO took place, 2008. Executives announced the mother of all news releases; Graduation to TSX, share split and dividend hike. Fast forward to today, there may be some surprises in store for loyal shareholders announced the back half of 2023. Hurry up and wait is the real theme for clever value investors. Hope we all stick around to watch the fireworks. $8 will be a thing of the past. Consolidation grinds on. Cheers