Post by
7Twiggy on May 18, 2022 12:36pm
IMO Insider selling only thing keep the lid on this play
Volume now 4.34 million. Share price not hitting my 2.00 prediction bet yet, however I suspect it could be insider Disbrow selling again.. With out the Insider sells I think we would be well over 2.00 by now. CEO.ca gives a good summary of his mainly continuing selling this past week. Just wish he would sell his large to chunk to someone and get it over with. If I was Phil, I would be pi--ed. Maybe he did un load some big positions at the start and that was the high volume.
Normally I would be worried about this kind of Insider selling, however in this case we know the 2nd quarter results are again going to be spectacular with 6 weeks of higher prices already in the can. Will really get interesting if we see another analyst or two added. If you have not started a position now, this most likely presents itself as a good buying opportunity. Dividend starts on June 30.
Comment by
7Twiggy on May 18, 2022 6:48pm
I am not. With all the shares Disbrow holds Phil would be very careful in what he says. As I said before Disbrow's trading activity IMO is the only thing holding this down. Hopefully with all the attention, retail investors can take a lot of this guy and such reducing his influence.