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Bullboard - Stock Discussion Forum Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Industrials
Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United... see more

TSX:HPS.A - Post Discussion

Hammond Power Solutions Inc > high volume day
View:
Post by microcaphobby on Jul 21, 2023 12:32pm

high volume day

almost 168k traded on al the exchanges. A good sign. Big buyers wanted in but wouldn't pay over $50.00 so others shook the tree for them.
This happened   also on May 24th. Stock got taken down to $40.00.
Comment by Mhowie124 on Jul 21, 2023 12:54pm
Think just big holders trimming or why the selling?
Comment by Catscratch on Jul 21, 2023 2:24pm
No news so probably just someone rushing to exit.  Nice to see that Canaccord has been doing a lot of the buying today (CIBC on the sell).  Canaccord has research coverage on Hammond... so they should be well informed about the business and presumably they are using this opportunity to add Hammond for institutional client(s).
Hammond Power Solutions Inc