Taiga Building Products Ltd T.TBL

Bid/Ask: $3.53/$3.93???

[downwithdotcom1]

down as low as $3.59..current $3.71 on a paltry 1100 shares traded 25 minutes into the trading day....note the spread between bid/ask..you hardly see this even on days with little/no shares traded..maybe thoughts of "merger monday"??? any ideas?? dwdc

PS ..i remember TBL had quite a internal cash pile..if anybody can find it please post....

[canuckstocks]

hardly any shares are available to the public. Someone with deep pockets who puts in a market order for that many shares could easily end up buying for 4.75 per share if thats the only ask bids available. I have no insight into any new developments but i don't really see this stock as one for day traders

[canuckstocks]

if you were sitting on a million shares and you wanted to liquidate them all tomorrow, there would be a good chance you'd see the listed share price be below $2 I would say. Right now lumber futures and housing starts aren't that high so I don't see any reason to get too excited at the moment about the business. I'm hoping that dropping interest rates will trigger increased housing

[downwithdotcom1]

"so I don't see any reason to get too excited at the moment about the business" just maybe i beg to differ -opening this morning on 24 k shares..dwdc 4.12 0.47 (12.88%)