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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

Tuscany International Drilling Inc > Some people are better off in GICs ...
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Post by benbola on Aug 08, 2013 1:14pm

Some people are better off in GICs ...

A whopping $25K worth of stock has changed hands today, for a company with a $50M market cap (at $0.135 SP). Obviously most people are sticking with their holdings to see what tomorrow brings. The buyers have already loaded up. People with weak bladders are cannon fodder.
Comment by michelleb33 on Aug 08, 2013 1:18pm
your right benbola. not much shares have changed hands. where is the big buyer to collect all the cheap shares though. impatietnly waiting lol. hope it comes
Comment by benbola on Aug 08, 2013 1:32pm
The bids ARE there, and waiting to pick shares up on the cheap. There's not much available from the people selling, so the bids are (smartly) not chasing the SP up, and waiting for more to become available.
Comment by rapid_fire_ on Aug 08, 2013 5:23pm
This post has been removed in accordance with Community Policy