RE:RE:velocityCiao wrote: No one knows. Was there panic selling in the first minute due to the insider selling reports?
The average PE for CDN stocks is approx. 14. Does GSI have average or exceptional rev and EPS growth? Eventually the share price will catch up to the company's performance.
In my opinion, the fact that an insider sold some shares from August / 2023 until recently is a non issue. Who knows why and who cares really, it's a game right now, the market maker is in control until the news wire changes that or someone or some brokerage house wants to acquire a large postion.
It stands to reason it could work the same way if some retail shareholder wanted to sell a large position, after all it has been posted that there is a few heavyhitters here. Now that is the claim, my point is that if that situation was to surface, Velocity would do what they are being paid for.
Just some food for thought.