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

TSXV:CTW - Post Discussion

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Post by Dytyjeje on Jun 06, 2012 4:49pm

Today

Well... It was a slow day. It looks like someone is holding the price in this range for some reason. I wish I had the cash around and I would have bought the shares that was blocking this today...

Why are they doing this???????????

Comment by errussell on Jun 06, 2012 6:38pm
The only logical reason this is being held down is the big guys are hoping for a financing......us small guys are obvious hoping for a big contract....this is really an interesting position. Really either play will be ok. the financing will creat further dilution but we are sitting not to bad and can obsorb it if it happens. The contracts will eventually drive it up. JMHO   Stay long and you ...more  
Comment by xsnrg on Jun 06, 2012 7:27pm
The only thing I am worried about is that they financed at 10 cents or something crazy already and this is all just a ploy to make it look like that was a fair value.     If we get financing at something decent like 15 cents or higher we are golden.  We will need the cash anyways for production and the share float isn't out of control just yet.  I know a lot of venture ...more  
Comment by Dytyjeje on Jun 06, 2012 7:37pm
Great post... Notice on their interm financials they have 3MM in inventory... This is 2X what they usually carry.  There was a news release stating delays in getting orders out. Has anyone emailed the company. I did and go the generic reply back..    
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