Post by
uograd on Aug 05, 2016 1:14pm
Likely one fund manager selling through RBC
This is the problem when you have 76,000,000 shares outstanding and only trade a couple of hundred thousand a day.
As soon as one seller hits the market it is Geronimo for the stock and of course selling begets selling.
If you liked it yesterday at 3.85, you should love it today at 3.70 as reality in only about 150,000 shares has knocked price down 3%.
Comment by
bruleoil on Aug 09, 2016 12:51pm
closing the open gap up for the moment. 3.50 could be a good entry point. both debentures are holding at par.