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Bullboard - Stock Discussion Forum Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing... see more

TSX:TBL - Post Discussion

Taiga Building Products Ltd > did some-one panic????
View:
Post by downwithdotcom1 on Jul 10, 2024 5:45pm

did some-one panic????

Down over 40 cents at days end on a series of small trades (eight trades involving 1600 shares approx). ...oddly enough ALL TIME STAMPED @ 4.10 pm. 

Can't help notice this new also out today titled "Taiga Obtains Interim DIP Facility and Interim Order for Creditor Protection under CCAA"

That would be for TAIGA motors, symbol T.TAIG (its a small EV sports craft ie skidoos, quads, watersleds producer and of course not TBL the wood products wholesaler....

Co-incidence??? stranger things have happened...In the shorter term, there has been a ton of very small trade lots supporting this step jump to $4 and hopefully 1600 shares isn't going to ruin the party. Hopefully back to $4 tommorrow...dwdc

PS a number of wholesalers getting beat-up in this same timeframe  Doman T.DBM down again to $6.50 (a 2024 low) even with its 14 cent REGULAR quarterly divi . General homebuilder outlook malaise is the reason given . Meanwhile 2x4 futures continues to trade well below $500 and just about every raw wood producer continues to lose money at these levels...
Comment by downwithdotcom1 on Jul 11, 2024 12:04pm
again, some more BIZZARRE trading...8 separate ONE SHARE trades between various brokerages this AM, followed by another single THREE SHARE trade @ $4..it looks like anything below a 100 share lot trade is not reflective in the real time price thou...anyways, back to $3.90 on 2 "massive" 100 share trades, so all is well...dwdc
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