Post by
BBDB859 on Jun 09, 2022 3:57pm
They finally did it.
I'm kind of relieved that this R/S is done. I guess the only thing left now is to dilute us even further.
I just hope these idiots know what they are doing finally.
I should have never put faith in this group for the second time. But I can live with 86M share float, for now. Let's see what happens next?
Comment by
flamingogold on Jun 09, 2022 4:09pm
Longs are adrift at sea. I won't sink another penny in here. No f'ing way. I have faith they will eventually get this ship righted but what a bloody disaster it's been. Not my greatest moment as an investor.
Comment by
BBDB859 on Jun 10, 2022 8:39am
Well said Bottoms. Good hearing from you. The only thing that the R/S was used here for, is to consolidate the outstanding shares to make the Buyback easier for the Family. Why else would we need such a huge 25 to 1 split??? Why not a 10 to 1 split, if fears of de-listing etc??? I'll pick this up later guys. Sorry gotta go. Cheers
Comment by
MyNameIsNobody on Jun 10, 2022 8:52am
859 - Consolidation can't make the buyback any easier, same ratio, unless you're saying that the family hoped that the sp would drop after the rs and then expect to start buying again at a cheaper price ratio-wise. Maybe there's a machiavellian plan behind all this but everybody should remember that conspiracy theories are just that, theories, 99% of the time. Good luck amigo,
Comment by
Tictac99 on Jun 10, 2022 9:34am
Wow tu en connais des choses toi.
Comment by
Luckyeleven on Jun 10, 2022 10:28am
They couldn't forecast the market would be down 650 points yesterday and another 800 points today when the R/S was announced. The stock could have easily gone up instead of down. Just look at the volume, no buyers but really not many sellers either. If the markers retract some o ftheir losses today the bomber could actually go green. Watch and learn!
Comment by
Bottoms on Jun 10, 2022 10:37am
Again, comparing to Canadian speculative stocks, Bomber is moving along with others. I have not noted a market reaction to the RS. The market conditions are just horrible. Hold on tight or hope to catch a rebound at the risk of missing out.. tough decisions ahead.
Comment by
Luckyeleven on Jun 10, 2022 10:41am
Exactly zero reaction actually to the R/S. Just timing making it look like there was a reaction. Like I said it could actually go green today but the market has to get some of those losses back.
Comment by
clubhouse19 on Jun 10, 2022 11:17am
LOL Watch and learn what ?? So what was the excuse yesterday as the bomber was more heavily down with the markets not nearly as bad and trending down ever since the RS announcement before a date was set ! Teach us oh smart one !!
Comment by
satchmo6 on Jun 11, 2022 6:42pm
Will be interesting Monday-----forcing shorts to buy at 37.00 or more while Me and longos will not be able to sell for 4 days
Comment by
Zaphod on Jun 10, 2022 8:47am
Canadian speculative stock ..... That says it all it was a blue chip decades ago they've stripped out every valuable asset and this is just garbage waiting for bankruptcy. It's Nortel 101
Comment by
Bottoms on Jun 10, 2022 8:51am
Definitely still in the speculative category and hoping to stabilize with a few quarters/years of newly created profitability.
Comment by
Shamhorish on Jun 10, 2022 4:51pm
let us wait and see good thimgs to happen on time