Post by
Drhoho on May 31, 2022 12:08pm
Bargain buying
Starting tomorrow, June 1, we are going to have a 24,510 shares/day floor on the buy side. I suspect Earnest Cleave will be somehow involved, or more likely turned over to a brokerage house(s). This floor will probably come into play to offset sellers lurking out there, trying to take advantage over any price fallbacks. I hope those here who are negative on the company and still own shares will be quick to liquidate and help LGO get in on what they deem significantly undervalued shares. No reason to own anything that one does not support. I shall be keeping in mind the SP close today, 31May, to monitor the effect of the company buyback, along with the other company factors occurring, positive or negative, during the coming 12 month period.
Comment by
Clipper2 on May 31, 2022 2:25pm
Hi kha I posted my 2:16 post prior to reading your 2:13 post. Didn't want you to think I was being sarcastic..
Comment by
Clipper2 on May 31, 2022 2:16pm
Thanks for that post doc. Here's a reminder of kha's post on the short position of LGO. Note that kha pointed out that the short position was the highest since early 2021. Tomorrow should be very interesting. https://stockhouse.com/companies/bullboard?symbol=t.lgo&postid=34700044