RE:comment on tradingridethewinners,
First, you should never have to appologize for the length of any of your comments or replies.
After all, when it's worth saying; it's always worth stating well.
You stated "I do not know what this is. Why would GRA sell part of a subsidiary? Why would they pay the legal and ongoing listing costs , have a second set of financials, BOD, and all the cost associated? The Subco would, by definition have much smaller revenues, and a smaller float. Please explain."
In order to have another globally well recognized company take the lead both in equity ownership of such a subsidiary and in managing and operating such a subsidiary company.
An example could be the VoltaXplore enterprise.
You stated "The idea of an index fund manager buying GRA confuses me. As much as an index fund manager may like one stock over another, the definition of an index fund is just that, it must mirror the index, they cannot and do not play favorites."
As I understand it, certain investments managers invariably maintain a proportionate direct equity exposure to the underlying equities issuers comprising any index funds, e.g. S&P TSX Small Cap Index, held by or on behalf of themselves and their fully serviced clients. We know such institutional type investors and their fully serviced high net worth clients can make or break the share price of any given index fund constituent companies.
You stated "When a stock price drops, it is not always (or even often) because nefarious investors short the stock. Last year it was clear the 5 year plan, and especially Volta was progressing far slower than management had led investors to believe ( and I think they were surprised as well). There was no large short interest , investors just decided to go elsewhere, and at the time GRA had no IR prescence at all, and the stock fell. I was stopped out of most of my GRA position over the last 30 months, I did not short, I just sold as the discipline I use required it, and there were other opportunities I liked better. I do not feel any "loyalty" to any stock, they are investments that have liquidity, and I chose to use it. I am not on any team, I do not owe fealty to any stock, and any investors who think they owe loyalty to any stock are vulnerable. The whole purpose of using capital markets is for liquidity."
With all due regard, I provided a specific case example, with dates defining the period in question to boot, as pertains to NanoXplore's shares being shorted into the ground; and yet, you come at me with generalities?
You suggested "There was no large short interest , investors just decided to go elsewhere, and at the time GRA had no IR prescence at all, and the stock fell."
Investments managers and/or their fully serviced clients were concertedly going about seeking to destroy the GRA.T share price during the most recent September through November 2023 period. They were round trip trading amongst their client accounts whilst their upper tier clients, business friends and family had likely been front running the planned steady trading down of GRA.T shares price to occur during the period in question.
Perhaps you were "stopped out" and therefore missed all the fun (not) in share price destruction late last year?
By the way, the question is not whether "there was no large short interest" and
your use of the word "large" is noted as being intentionally deflecting from what certainly did take place.
We know a relative shipload of ROI was realized, this due to the orchestrated trading down and selling short of NanoXplore shares before GRA.T was dropped from the MSCI Canada SmallCap Index during very late 2023.
Where were you then ridethewinners?
Oh! I forgot. You had been "stopped out" of your NanoXplore equity position.
Pray tell. Did you happen to begin to sell short GRA.T after you were stopped out of your position?
You stated, "The good thing here is that things can turn very quickly. I am back in the stock because I like the caution and discipline of management, "
I haven't left the stock and have been buying more and more during every leg downward.
I don't mind telling you that I presently hold more than 25% of my net worth in NanoXplore shares. Not even Mr. Soroush Nazarpour hold's more than 25% of his net worth in NanoXplore shares.