Post by
nofluff on Jul 04, 2024 12:39pm
My ignores
I thought with latest developements my lowly gnored would have slowed. I was on another device and they have gone crazy with stupid.
Chpt 11 looks like it could be a poison pill. I thought perhaps the shorts might have covered on the big down. But perhaps they thought they had won and kept shorting.
Imagine if they shorted to a cad. Nickle and in a couple weeks ncu opens at 0.20 cad.
Would not b a killer for them. But they would know they have to cover and fast. Might cost them 20 million.
The big lose would be in there hopes of acquiring a distressed corp for nothing.
The posts certainly look like they are panicking.
Nf
Comment by
KentWilkens on Jul 04, 2024 5:08pm
Hope springs eternal! Just in case, yesterday i moved all my ncu to my tfsa. Just in case... ;)
Comment by
nofluff on Jul 04, 2024 5:45pm
Well kw. U did same as me. Just I did it at about 0.20. I have 50 thousand shares in cash account at average of less than a dime. At half tax rate, I will leave it there. Tiny amount. Have some TFSA room but cash coming in I think to fill. Us TFSA ers and rsp hers are quite small in the investment world. But we certainly keep the world honest with our work:)) Mf