RE:RE:RE:Where Are All The Shares Being Sold Coming From?They're allowed to sell or still hold if they want... the 4 month holding period is over now... so some play the "keep the cheap warrants" game and sell off their shares. The company's recent U.S.-listing news release might make some think twice, but gonna watch on the sidelines for a while longer (a week or two depending on volume). Could inch its way lower another 20 to 30 cents. Or simply go sideways from here. It's a battle now between shorts covering and any warrant-holders selling off their shares. Some will, some won't. Time will tell.
Stocks2Go wrote: PunkRocky wrote: Probably from all the chumps that bought into the promotion at higher prices... some shorts covered today... but tomorrow and the next few trading days may very well bring out "lookout below" moments as share unlock starts. Never catch a falling knife. Company probably came out with this morning's news release to dampen the pain. But more pain is coming imho.
GLTA,
PR
Stocks2Go wrote: Is the company selling under the latest prospectus?
Hey PR
So there are more shares becoming free trading?
How low do you think it can go?
Thanks