Post by
Resilience19 on Oct 01, 2021 11:15am
Anemic volume
The upside to the very low volume vs the low sp is that shareholders aren't ready to sell at current prices. Yes, some with multiple accounts and wanting to keep the pressure for the sp to remain low, while they accumulate may swap shares between accounts - likely at a small loss - but there is only so much this can happen. The way I see it now - and perhaps I'm totally off - is that there are less and less (mostly retail) shareholders ready to separate from their shares, especially at the start of the month, after many will have needed to sell shares, in the last few days of September, to meet various end-of-month commitments. Again, I may be reading this wrong. My two cents.
Comment by
Resilience19 on Oct 06, 2021 4:16pm
Well, given 170,198 shares were traded on the TSX.V today, representing scarcely $30,000, I'm not too converned about the sp pulling back half a cent...