Post by
uograd on Jul 06, 2018 9:55am
kick off stampede with more buying
Horse need a new saddle and my thinking is the turn will come next week when distribution reconfirmed so in honor of the start of stampede i just bought a few more.
13% plus distribution if it holds will be a beautiful thing.
Comment by
pjn0987654321 on Jul 06, 2018 11:15am
Yes, and they usually confirm 3 months of distributions in the news release.
Comment by
MrEvilx on Jul 06, 2018 11:51am
54K units grabbed up just now.. this went to 7.40+ in a single move.. my guess this was purchased under NCIB ... just my guess.. GLTA
Comment by
deisman03 on Jul 06, 2018 12:34pm
That happened at 11:40 and it didn't go to $7.40. TYPO? Things have slowed down now as they always do around noon. What I'm hoping to see is the buying continue to the close of the day on an increasing volume/price trend. GLTA the good folks here
Comment by
MrEvilx on Jul 06, 2018 1:06pm
you are right.. the jump was to 6.37 with 54.7K units and for next 1700 units it went to 6.42 I see its making its way back down slowly.. If this really was through NCIB... I wish it works for the stock and provides a bottom. Next few days should tell us all.. GLTA
Comment by
deisman03 on Jul 06, 2018 4:43pm
If it's NCIB, I could care less if this is what they're paying for it. In fact, it would be a good thing for the company to get the units cheap because they can buy more to cancel out. That would definitely change a lot of important parameters and cause unit prices to get back above the mid nines. GLTA the good folks here
Comment by
Sadie222 on Jul 06, 2018 11:36pm
Without going to SEDI to look up those transactions, NCIB purchases should be coded 38 (iirc) and you can often see the purchases and then the cancellations to match.
Comment by
Sadie222 on Jul 06, 2018 11:45pm
You won’t find it real-time. The “insider” listed is the issuing company instead of an individual. The reason would normally be 38 - purchase for cancellation (or something like that). IF the data is entered correctly, which I wonder about sometimes. On SEDI