Post by
gibbonsj on Aug 19, 2021 11:51am
like I said yesterday
Put in a bid for 20,000 shares and watch what happens to share price. Sooner or later we're going to get down to having to buy at market. I know because I have been adding and trying to get the best price but it just takes too damn long. If anyone is wanting to acquire a serious position they're going to have to buy at market. The upside on share price is substantial enough to buy at market and still consider it to be a super price.
Comment by
sebraz on Aug 19, 2021 12:18pm
buying 20k at market won't move stock price over 7.45. Plenty of sellers and 35k ask at that price as well. The issue is there aren't many trades being exchanged. Next weeks release should help.
Comment by
gibbonsj on Aug 19, 2021 12:37pm
Look at what just happened. Sp popped 15 cents on what appears to be 12k shares. There's pressure in the pipe. How could there not be? Too many very favourable analyst convictions. Small float and people holding tight.