Post by
alltruth on Feb 19, 2015 5:04pm
up and down
...just goes to show that momentum will be short lived until something meaningful happens with this company. Off 15% up15%...no movement means anything until it actually does. Jerome Hass incorrectly stating that it trades at 6x forward and will grow by 30% next year doesnt help...that was the only reason it jumped last week.
Comment by
gibbonsj on Feb 20, 2015 4:08pm
my take on the pop is that is was tied to the this statement in the 02/09 release: "The monetization of the KBCP Fund portfolio has occurred on or ahead of schedule and has generated positive returns for Counsel's shareholders..." Prior to the nr sp had been rising nicely but it really picked up afterwards.
Comment by
alltruth on Feb 20, 2015 6:46pm
either way, there seems to be tepid support for the stock at the moment.