Gamehost Inc T.GH

83,600 Shares Cancelled

[cpeczek]

Another unusual month. Bought every day up to May 9, then bought a big chunk of 60k on May 10 and stopped buying the rest of the month. Not sure what the reason is. Above average number of shares though.

[malx1]

Thanks, Cpeczek!   More positive news.    So even on the day of the AGM, these guys are putting work with the NCIB.      Completely missed that block purchase.     Pretty sure I missed that whole day in the casino, the meeting and the poker tournament.     I'll sell you $1 for $0.75. Good investment.   Low risk.&

[BarstoolSage]

Seems to me there is another side to this NCIB and that is market support This is a thinly traded stock, so that if shares are issued for sale, rather than wait to see how motivated the seller is by underbidding with a wide buy\ask....GH simply sops them up if the company deems it a buy" Nice side effect, 

[malx1]

Sage - Buffett would tell us that the lower the share price, the better the deal. You are right, some passive NCIB buying could support low-volume selling activity. The rules for NCIB daily buys state that a company cannot bid more than the current market bid.  In other words, they can't conduct any buying that pushes up the share price.  So the way to look at daily buys is that