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Bullboard - Stock Discussion Forum Alaris Royalty Corp ALARF

Industrials Conglomerates
"Alaris Royalty Corp is engaged in investing in operating entities. Its operations consist primarily of investments in private operating entities, typically in the form of preferred limited partnership interests, preferred interest in limited liability corporations in the United States, loans receivable, or long-term license and royalty arrangements."

GREY:ALARF - Post Discussion

Alaris Royalty Corp > NEWS: AD exits Solowave
View:
Post by eljoro on Oct 03, 2016 9:30am

NEWS: AD exits Solowave

https://www.marketwired.com/press-release/alaris-royalty-corp-announces-repurchase-its-units-in-solowave-for-total-return-79-provides-tsx-ad-2163178.htm
Comment by Kisu on Oct 03, 2016 2:40pm
Great sell on news event.
Comment by gvixid on Oct 03, 2016 3:18pm
Don't understand why it's selling off now after popping over 2 on the Solowave news this morning.
Comment by gvixid on Oct 03, 2016 5:36pm
The news about Solowave was indisputably positive. A good return, significant reduction on their credit line, easing of bank covenants, confirmation that no covenants have been breached, and a hint that a new partner may be brought on soon. The rallied from open until 11 am, then just tanked on above average volume. Any explanations for the sudden reversal? I could assume shorter, but that seems ...more  
Comment by Macloud1 on Oct 03, 2016 8:41pm
It is not Alaris it is the market.
Comment by gvixid on Oct 03, 2016 10:10pm
If it was the market, why did the price shoot up past $23 on the news? TSX was in the red most of the day
Comment by Kisu on Oct 03, 2016 11:56pm
Alaris tanked after the TSX began recovering from its lows of the day.  Seems like games being played.
Comment by gvixid on Oct 04, 2016 10:46am
$21.58! This is going from bad to worse. The movement on this stock is nonsensical.
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