RE:RE:RE:Bridge!! Having one specific entity try to obtain over 70 million FL shares would be very interesting to be a part of.
If/when that entity hits the 10% mark, or 20 million shares, they would be identified as an insider and require full disclosure of every subsequent transaction. I would absolutely love to see someone try to discreetly pick up bargains in acquiring the next 50 million shares. Given the average daily volume of about 250,000 shares lately, that would take close to a full year of monopolizing every single purchase transaction... In plain view of all of us.
God I hope that happens. I'll be retired by the end of that year.
There is no doubt in my mind that there is acquisition going on by a few of the big players. Think about it... If you justified to yourself and your clients a purchase of this stock at $2 or $3 and it's now on sale at a buck and a quarter, and the business is technically stronger on paper than when you made that purchase, how would you justify NOT buying more?
One thing I'm annoyed by... This move to a Zoom AGM due to COVID concerns is obtuse. I was looking forward to sitting in that room and seeing the faces, and reading body language, and hearing spontaneous, unfiltered questions answered on the spot. Now I feel like I'm going to be basically watching another Crux Investor interview with spoon-fed questions. I'm bothered that this is being done in reaction to a medical concern that, however valid, saw its peak years ago. My preference would be a Zoom broadcast with in-person socially-distanced attendance allowed.
GLTAL