Tuscany International Drilling Inc T.TID

Looks good

[RHertig]

People are refuseing to sell at less than 9.5 hopefully on to 10 next.

[dominik123]

Except for someone dumping almost 200k in shares @ 0.9 right after you posted that. 

[ruben12345]

yes .. 0.08....heading for new lows? i dont tknow what is to become of this company.... just awful

[michelleb33]

strong day on the tsx and tax loss done this one goes down. Going to be another disappointing year in the duldrums

[Fullblast]

Actually Ruben it's 0,085. SP is quite stable these days and volume is historically low for TID. SP can go down easily on low volume days. Nothing to worry about

[Popps]

All, Dominik's point is key, $18k swung this stock price because the 200k shares sold represented over 82%  of the total shares traded today.   I did this myself when I bought a few shares (tidzf in the US) on a no volume day, jacking the price up 10%.   Ain't no thang, y'all.  Regards,  Popps

[ruben12345]

Aint no thing?! Doesnt make any sense to me. i get the mechanics... when sold share price drops. Question is why people sell when we all here expect this thing to be worth 50 cents

[khaledb]

Things will look good when institutions will start to buy .don't forget that some of them they removed TID from their investements after 2012-13 problems and SP fall down from 2$ to 8 cents ... and now TID needs to regain their intention....and when this will happen we will see high trade volume. But for now i think they are waiting to see the Q4 results and the M&P deal impact and they

[ruben12345]

since when do institutions buy 8 cents stock?

[RHertig]

Public mutual funds will not tuch them. Private equity and smaller hedge funds buy them all the time. In his early years Buffett bought alot of penny type stocks. As long as it was at a deep discount.

[Popps]

khaledb, I agree fully.  To back up that statement, I have an order in to by a lot of shares if the price dros a bit.  Regards

[khaledb]

closing M&P deal failed to stimulate the SP. I think Walter need to release as soon as possible more good news  at least to get the SP back to .15  till Q1 result. and IMO only a buyout will save the poor shareholders.  also no need to compare TID with other companies, each company has her own reality.