Post by
#chickendinner on Jan 07, 2021 3:29pm
Bets on the close anyone???
Be nice to see it close at or above .23 with some follow through tomorrow, wishful thinking??
Comment by
Mikeyrob on Jan 07, 2021 3:33pm
The company is due for news... not wishful thinking
Comment by
TheCashman on Jan 07, 2021 3:42pm
I bet we close at 23, and then it should drop back to the 20 to 21 cent range tomorrow, since a continuously disappointing stock has a higher probability to continue to disappoint. Especially with no news, I just expect this to come right back down.
Comment by
Mikeyrob on Jan 07, 2021 3:44pm
I hope to see some insider buying at the end of the day in the trade logs
Comment by
TheCashman on Jan 07, 2021 3:46pm
Same here, that is sort of like hidden good news, I would like that too. Mikey, could you post on stockhouse if you see any insider buying? I would certainly appreciate it!
Comment by
jermoguy on Jan 07, 2021 4:14pm
Completely agree - momentum is only encouraging if it can be sustained. Tomorrow will be telling. The volume is great today but that is obviously correlated to the share price. There is still no indication (based on what I have perused) of any catalyst.
Comment by
steevee84 on Jan 07, 2021 3:49pm
Bruce did mention selling at end of 2020 for tax loss and rebuying in Jan "but may not like that". I pray this has something to do with that comment ! Wishful thinking
Comment by
Mtlong on Jan 07, 2021 3:59pm
You can't sell for tax loss and buy back shares this soon. Must wait longer.. I believe 30 days or so. So definitely something else going on..! Let's only hope...
Comment by
steevee84 on Jan 07, 2021 4:04pm
maybe that was the implication then ? That if sold for tax loss and couldn't buy back for 30 days then may not like that
Comment by
PatiencePays123 on Jan 07, 2021 4:05pm
Wow. Over 2.8 million shares on all exchanges traded today. Easily the highest volume day since the earnings sell off. Me things something good is in the works and this move up is only getting started.
Comment by
#chickendinner on Jan 07, 2021 4:19pm
You are correct in Canada if you buy it back within 30 business days it is considered an artificial loss
Comment by
Mikeyrob on Jan 07, 2021 4:20pm
Someone clearly held this stock in a range. We need to see a serious catalyst to get this back in the 30s/40s. That should be the aim for early this year to be perfectly honest.
Comment by
#chickendinner on Jan 07, 2021 4:31pm
Sorry it's 30 calendar days.....