RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Reunion and Gmin stocks both up todayVery well said! Be nice to see the board step it up and increase confidence which will attract a higher share price.
For me Dundee risk is to the upside now vs 3 years ago when there are quite a few unprofitable operating businesses. TauRx isn't pounding the income statement quarter after quarter like the Zoo was yet FDA approval would be a game changer.
As you pointed out recently Daniel Herr has confidence in Dundee.
I pointed out that a Momentum Algo doesn't carry the baggage that older shareholders do. The supply of stock is relatively fixed while demand is increasing pushing the stock price up. This can persist for a long time because the stock trades at a fraction of book value. With the right circumstances winning stocks typically keep winning over the next 6 months. For this to be useful in Dundees case I must understand why. I think it is the mixture of Momentum Algos and human nature.
I don't think we have even started to see Biotech speculators yet.
IMO Momentum Algos are herding metals investors arbitraging greater demand for stock pushing prices up because Dundee is a value play with explosive upside potential.