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Bullboard - Stock Discussion Forum LL One Inc. V.LLO.P

"LL One Inc is a capital pool company. The principal business of the company is identification and evaluation of assets or businesses with a view of completing a Qualifying Transaction."

TSXV:LLO.P - Post Discussion

LL One Inc. > Great people, good readymade idea & low float: Lucky break
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Post by MNK3240 on Aug 12, 2019 10:24pm

Great people, good readymade idea & low float: Lucky break

Seems everything is in the right direction from the get go. Not sure as to how it will go next few days but one thing I noticed today is that the share supply is limited, very limited. I myself put a couple of times 10 cents over the ask to fill my orders, ultimately I got it done.

For a penny stock, you can buy millions if you go either at asking price or a cent over in a fraction of a second. But not here, even after putting way over asking price, I had to wait long time. Point is low float can make this thing going considerably higher if the management manages the info releases in an effective and efficient manner. 

First few days after IPO always tricky, some starts low and go high and some start high but go low. It’s hard to predict the direction.

Fingers crossed, see how it goes tomorrow, we have to gay day by day first before settling down!

GLTA
Comment by thisisnotadvice on Aug 12, 2019 10:44pm
Well said. I also had the same experience. I placed limit orders at or above the ask and they didn't fill immediately. Strange but I kept trying and eventually got my fills between .79 and .85. I plan to hold for as long as it seems prudent. As far as I can tell we haven't even begun to open the floodgates. Nobody really knows about LLO yet. Only those of us who are paying close attention ...more  
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