Post by
fdfd12 on Feb 02, 2021 12:20pm
Topicus
Funds selling TOI since it isn't in the INDEX .
I sold and will buy much lower.
Should hit the mid $50's.
Comment by
fdfd12 on Feb 02, 2021 12:27pm
That is, funds which own CSU. They got their TOI shares today and the INDEX funds are selling since it isn't part of an INDEX yet.
Comment by
TimeScape on Feb 02, 2021 3:37pm
Opened at $66. Hit a low of $60.50 and now back up to just under $62. Gives the company a market cap of about $2.5 billion. Got shares from CSU spinoff, and I think I will just buy a few shares here to round up my position to nearest board lot. Will be interesting to see the first few quarterly reports.
Comment by
lotus1 on Feb 06, 2021 11:06am
Selling pressures with high volume ( Index funds selling ) seems to have subsided after first 2 days. Did you guys buy at $57-$58 or waiting for it to retreat below that ?