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Bullboard - Stock Discussion Forum Catch the Wind Ltd V.CTW

TSXV:CTW - Post Discussion

Catch the Wind Ltd > Thin Asks
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Post by Rock34 on Mar 14, 2012 2:00pm

Thin Asks

The asks have thinned out significantly here.  If someone were to want to take a position this would run hard.  

I have sent an email to the company asking them if and when they plan to address this sell-off situation.  Almost all of the shares sold were the ex-CEO and his family.  People need to hear from the company.  CTW did their last financing at $.40 with warrents at $.60 and here it is sitting at .12.  What a deal but at the same time, what a dissapointment for those already shareholders.

I would be upest if I had owned shares at a higer value only to watch politics of an organization force a 50% decrease in SP.  Now the volume seems to be up and much of it is selling and not buying.  Why?  because investors are scared, they havent heard from the company on the major sell-off.  

This company is worth well more then the marketcap that is currentl on it at .12 and they need to state that.

Anyway, Ive added along the way on this drop, as I mentioned this is a GREAT entry point, basically at the 52 week low.  Its a no brainer.

GLTA

Comment by peakoiled on Mar 14, 2012 2:32pm
Although I am very long and really like this company...it really isn't worth much more than the current assets until they start to make a high volume of sales. This could be soon...but it might also be later..or never. I really hope it is soon. It is very hard for the market to absorb 22M shares and keep the price up (where it was) when the volume is normally close to zero. I would rather get ...more  
Comment by Smokin67 on Mar 14, 2012 2:51pm
Company won't care about the stock price until it needs to do another placement.  Why do a PR just because some short term speculators are wetting their pants at the moment?  I think it's safe to say that anyone with a weak heart is out of this stock a long time ago.
Comment by Rock34 on Mar 14, 2012 3:07pm
I agree with both of your points, however it is crazy to think that a statement about the selloff would not be well received.    Without digging into the details of the sell off, potential new investors see a 50% drop in SP on no news from the company and they clearly believe that something negative within the operations has happened.  I understand that is part of the DD process but ...more  
Comment by zoobadooba on Mar 16, 2012 1:05am
i believe its time to buy people.
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