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Atlas Engineered Products Ltd V.AEP

Alternate Symbol(s):  APEUF

Atlas Engineered Products Ltd. is a manufacturer of trusses, wall panels and a supplier of engineered wood products. The Company operates manufacturing and distribution facilities in British Columbia, Manitoba, and Ontario to meet the needs of residential and commercial builders. Its products include roof trusses, floor trusses, wall panels, floor joists, floor panels, project management and site assembly services, and design, engineering and permitting services. It also distributes a range of various engineered wood products for use by builders of residential and commercial wood-framed buildings. These include single-family homes, townhouses, multi-story wood-framed residential buildings, commercial buildings, and agricultural structures. Its subsidiaries include Clinton Building Components Ltd., Satellite Building Components Ltd., Atlas Building Systems Ltd., Pacer Building Components Ltd., South Central Building Systems Ltd., and Novum Building Components Ltd.


TSXV:AEP - Post by User

Post by SurfForWealthon Nov 03, 2024 10:11am
81 Views
Post# 36294179

Is the big seller finished?

Is the big seller finished?There was some heavy selling this week which pushed the volume way up and the share price lower. For the most part buyers were stepping in as the price dropped. The selling dried up on Friday so he may be finished. I added shares on Thursday at $1.22.

There can be many reasons why someone is selling. They may have gotten in early, maybe even seed money. Happy to take good profits and move on to the next early story. It is not necessarily a reflection of the company. Seems to me with interest rates falling sharply now and expected to fall quite a bit further this should be an inflection point in the housing sector. It may just take some time to transpire.
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