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Bullboard - Stock Discussion Forum Plurilock Security Inc V.PLUR

Alternate Symbol(s):  PLCKF

Plurilock Security Inc. is a Canada-based identity-centric cybersecurity company. The Company secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety and guard rails to safely implement AI solutions to commercial and government customers worldwide. The Company operates through two operating divisions: the Technology Division and the... see more

TSXV:PLUR - Post Discussion

Plurilock Security Inc > Where Are All The Shares Being Sold Coming From?
View:
Post by Stocks2Go on Aug 26, 2024 2:48pm

Where Are All The Shares Being Sold Coming From?

Is the company selling under the latest prospectus?
Comment by PunkRocky on Aug 26, 2024 5:24pm
Probably from all the chumps that bought into the promotion at higher prices... some shorts covered today... but tomorrow and the next few trading days may very well bring out "lookout below" moments as share unlock starts. Never catch a falling knife. Company probably came out with this morning's news release to dampen the pain. But more pain is coming imho. GLTA, PR
Comment by Stocks2Go on Aug 27, 2024 12:42pm
Hey PR So there are more shares becoming free trading?  How low do you think it can go?  Thanks
Comment by PunkRocky on Aug 27, 2024 7:33pm
They're allowed to sell or still hold if they want... the 4 month holding period is over now... so some play the "keep the cheap warrants" game and sell off their shares. The company's recent U.S.-listing news release might make some think twice, but gonna watch on the sidelines for a while longer (a week or two depending on volume). Could inch its way lower another 20 to 30 ...more  
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