Post by
lovehockey on Feb 06, 2024 2:10pm
Washtraders have 1 month to live here
Before NCIB kicks in. Once you have Gear money sitting on the bid side you can say bye bye to all the washtrading they did here for the past year and a half here. The trading patterns will change drastically, mark my words!
Comment by
NotThatBright22 on Feb 06, 2024 2:32pm
Again with the "wash trading", a SP of .65, average vol of <500,000 daily shares and a mk cap <200 million. Really...?
Comment by
lovehockey on Feb 26, 2024 2:23pm
So are the washtraders dead or playing possum for the time being. Come on, sell to those who want the shares!
Comment by
lovehockey on Feb 26, 2024 3:17pm
Nope, not dead. Buybacks only happen on TSX. Guess where majority of shares traded today? Hint - not TSX https://www.stockwatch.com/Quote/DetailM.aspx?C:GXE
Comment by
lovehockey on Feb 26, 2024 4:26pm
They only mentioned it will be handled via TSX so I assume they can't do buyback on any other exchanges.