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Bullboard - Stock Discussion Forum illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns. Its Programmatic Marketing Platform, powered by machine... see more

TSX:ILLM - Post Discussion

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Post by Zach45895 on May 07, 2021 12:03pm

Thoughts

I don't know how fair it is to be upset that the Nasdaq, and Nasdaq listed companies are trading higher than us. I understand that with the Nasdaq being tech heavy we trade in alignment with them a lot of the times.. but as far as Acuity is concerned we ARENT on the Nasdaq. So if we take a step back and look at that situation for what it is.. your really comparing apples to oranges. Sure they are both fruit but there's some differences as well. If we want to trade side by side with the Nasdaq.. we need to uplist to the Nasdaq.. it only makes sense.
Comment by Torontojay on May 07, 2021 1:16pm
The main reason we should compare ourselves to peers on the Nasdaq situation is the arbitrage situation that occurs. This is taken from investopedia but it applies here.  Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from tiny differences in the asset's listed price. It exploits short-lived variations in the price of ...more  
Comment by mofwmofw on May 07, 2021 2:29pm
not to be negative but to say the reason it`s down is because it`s not on the Nasdaq is nonsens. Acuity has been up  when TTD and MGNI was down quite a bit so ..........
Comment by Zach45895 on May 07, 2021 3:09pm
Then why exactly has everybody been praying for a nasdaq uplist? I'm not saying it's the sole reason the stock price is down but we are a small unproven company that isn't even traded on a major stock exchange. I'll be damned if that doesn't play into it; large amounts of institutional investors won't even touch a "pink sheet". 
Comment by tootall67 on May 07, 2021 3:26pm
Nasdaq listing won't mean nothing. Look at PYR, it was trading at around 11-12 dollars,now it's at 6 or below. Also SCR, was trading at 40, now 20...........so if you think getting on the nasdaq is going to push this stock up, you got another thing coming.........
Comment by Zach45895 on May 07, 2021 4:42pm
You simply can't compare PYR to Acuity imo .. for many reasons. With PYR there was nothing to see when it came to the additional exposure. That's not the case for Acuity. I see what your saying but there is a reason we're not all on the PYR board talking right now.  I respect your opinion.. I'm just sticking to mine. 
Comment by Raffle on May 07, 2021 10:38pm
Good point
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