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Bullboard - Stock Discussion Forum Co2 Solutions Inc COSLF

CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery... see more

GREY:COSLF - Post Discussion

Co2 Solutions Inc > Selling pressure
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Post by Bobby24 on Jan 15, 2018 1:09pm

Selling pressure

I am waiting to see when the selling pressure will subside before I plunge in deeper. However I just can't understand the people who are willing to sell a this very low price. Unless they bought for only a couple of pennies I really do not see their point.
Comment by Co2Harvest on Jan 15, 2018 5:04pm
I feel the same way. I take some comfort from the fact that the daily trading volume is typically low (even today's above-average volume of ~210,000 is really low relative to how many CST shares exist - that's less than $20k of shares changing hands, today). It seems to be just a slow sideways grind, and I imagine we'll see more of this until there is something materially positive or ...more  
Comment by M101 on Jan 16, 2018 1:50am
The selling is expected. Raising cash during tax loss selling season stunk, and coming right on the heels of a grant smelled of disappointment and desperation.  The debenture is yielding 8% for 3 years then convertible at 12 cents, thus the offers at 9 cents.
Comment by wdr522266 on Jan 16, 2018 10:41am
People in the markets re-ajust their porfolios from time to time and sell off their dead beat stocks.CST fits that bill to a tee. wdr2
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