TSX:INO.UN - Post by User
Comment by
flamingogoldon Oct 09, 2024 1:49pm
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Post# 36259690
RE:Terrible news today.
RE:Terrible news today.Did you ever think that with rates on the decline they might actually fetch a better deal now?
SIGG1 wrote: t’s pretty clear that while everyone expected the stock to collapse after the terminated deal, some large holder stepped in this morning to save it. I suspect they did a bunch of large cross-trades between accounts to push the price back up. But let’s be honest—the stock should be trading much lower. It’s a strong sell.
TNT.UN is a much better REIT with a stronger future, and their stock is down again today. If you, like me, think it doesn’t make sense that INO.UN turned green at $1.09, it’s because it doesn’t make sense. The price is being manipulated again.
That said, this might be a good chance to exit before the stock heads back down.