Quinsam Capital Corp C.QCA

Protect Your Long Position and Restrict the Penny Day Trader

[SolexxX]

If you are long with a large position and want to help limit the day traders from draging the QCA share price down, you can help by putting in a very high sell order on all your shares. 
Sell: 500k shares @ $2.00.  
Less stock available = better share price support for long positions.

My 2 cents. 

Merry Christmas!

[Iseevalue]

Massive insider buying.... 2.1 million shares gobbled up in the past week by Roger or company

[SolexxX]

If you buy a million shares at the ask $0.175 for 175k, you own just under 1% of the NAV (more than $30M) =  $300k We all expect that the NAV will be quite a bit higher than this next year.  Cheers. 

[Iseevalue]

What we expect and what happens are usually two different things. I expect some of the portfolio to go to zero on lost investments throughout the cannabis bubble possibly. Agriforce combined with empower sales will hopefully be relevant. I believe the company held C21 investments which has performed quite well.  The company owned Pharmadrug going through their recent financials which had a

[SolexxX]

Any of QCA's investments that have "gone to zero" would have been already factored in at Rogers recent valuation. The few losers in 50 or so companies will be dwarfed by the xx bagers that Roger invested in. The whole industry is on the upswing with new US federal legslation likely. Roger invested seed capital at pre-IPO prices with warrents as an added profit vector. I am optomistic

[mercedesman]

Roger bought 1/2 million shares, all over 16 cents. That should tell you something about the expectation over the next few months !  Merry Christmas and Happy New Year to all my fellow Quinsamers ! 2021 looks bright!  MM   

[Iseevalue]

Merry Christmas to yourself as well! It is encouraging to see the insider buying, there is hardly any shares shorted in the float.  To see a valuation of under $0.30 a share within 6 month time frame is roughly how this should behave. Even if it behaved at 0.7 book value it would show significant upside. Last time Roger bought so many shares was at $0.10ish range so hopefully this wil be

[SolexxX]

My initial point in this tread was that for an 80M+share float, 160 X 500K shareholders could own 85% of the company. Obviously we don't have that inertia amoung all shareholders. Still if there are a large group of large shareholders who tie up their shares with a high ask it will make new buyers pay a premium to buy these profits. You can easily change your high ask if you see a profitable

[Iseevalue]

Even if you don't have your shares posted for a high bid, they're still not available to anyone for any given price. You do see people putting in large limit orders 4-5 cents above the current prices simply because they're hoping for a large market buy. But if you're buying market prices on penny stocks you probably aren't super savvy with your cash, the difference between