Post by
Will101 on Apr 09, 2024 10:41am
Lack of interest
Whithout a doubt now, someone is liquidating a position everyday by hitting the bid around 2.50$.....
usually, the company IR will get in contact with the seller and try to arrange a block trade to get rid of the shares on a structured way.
This is not happening here!
Again, the incredible lack of communication with shareholders prohibits a lot of new buying by existing shareholders. At least, it is the case with me.
So people are left hoping fof the news, any news, from month to month.
I think we deserve better as minority shareholders.
Comment by
Dumont on Apr 09, 2024 2:21pm
Well, all the stock hitting the market has so far been sucked up, so looks like a lot of investors accumulating prior to constructive news anticipated ( hoped for) over the next 30 days or so. What more can management do beyond trying to smooth out markets to the benefit of both sides of transactions? Make up stuff !
Comment by
Will101 on Apr 09, 2024 5:05pm
No company obviously should make stuff up. But they can communicate better and more regularly with their shareholders. And IR has a job to do to place large chunk of stocks in better hands. And i am not a disciple of " hoping " for good news as a reason to increase my holdings in a company. I do my own diligence and forecasting. Hope is not a strategy.