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Bullboard - Stock Discussion Forum Cielo Waste Solutions Corp. V.CMC

Alternate Symbol(s):  V.CMC.WT | CWSFF

Cielo Waste Solutions Corp. is a Canada-based waste-to-fuel environmental technology company. The Company's business model is to source waste feedstock from industrial producers and other suppliers and convert the feedstock into valuable fuels. The Company's Thermal Catalytic Depolymerization (TCD) process converts waste feedstocks, including plastics, rubber, organic material, and wood... see more

TSXV:CMC - Post Discussion

Cielo Waste Solutions Corp. > Who’s selling?
View:
Post by RevT79 on Mar 30, 2021 2:42pm

Who’s selling?

Anybody on here that can see who's selling all these big blocks?
it's prety strange ....
Comment by Winston123 on Mar 31, 2021 5:50am
I'm guessing many of us longs that obtained hundreds of thousands of shares at 3.5 to 7 cents are cashing out some profits. That is the name of the game, right? We were all excited about possibly 50 cents in the next 3-5 years. But old mcwhirter put his spin on it and blew that outta the water. I kept some shares for the next run up and dry powder handy incase this thing fills the gaps ...more  
Comment by JustLookn on Mar 31, 2021 8:24am
I agree.  I have heard there is 100 million shares to be sold in the next few weeks which will keep it soft for a while here, I'm surprised it is doing so well.  It will come back, in time.
Comment by lscfa on Mar 31, 2021 10:58am
More math....       Ald. + Edm Ald + Edm + 1 JV Ald + Edm + 2 JV Ald + Edm + 3 JV Ald + Edm + 4 JV Total ebitda 34,372,800 42,229,440 50,086,080 57,942,720 65 ...more  
Comment by Ptinvestor99 on Mar 31, 2021 11:08am
So in your right column, even with the two owned plants + 4 JVs and a 20 x multiple its tough to justify a high share price until more plants are built
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