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Bullboard - Stock Discussion Forum Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is a Canada-based company, which is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns licensable seismic data library in Canada, consisting of over 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western... see more

TSX:PSD - Post Discussion

Pulse Seismic Inc > Share repurchase program???!!!
View:
Post by wizthewiz on Nov 16, 2021 10:01am

Share repurchase program???!!!

Wow, PSD will purchase an average of just north of 8K shares per day over the next couple of years which is about 25% of the float. This ought to do formidable things for the SP! I have purchased this stock 4x now at `$1.90 and sold short term at /2.45 or so and now have a 50% profit in it. But to buy and hold? No incentive there so far even though it is a well run company.
Comment by neigegarcon on Nov 18, 2021 8:58pm
Disagree.  I bought at $1.20 and am happily holding.  This stock is going places!
Comment by OptsyEagle on Nov 20, 2021 11:13am
Yes.  This one seems to be a show me stock these days as opposed to investors using any kind of foresight.  I understand their business revenues are volitile but that would be a bigger problem with a company that depended on them.  With PSD they can run their operation with pretty much one employee answering a telephone or responding to order emails.   They have a perfect ...more