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Thursday, March 09, 2017 10:35:49 AM
There were no known diluting MMs anywhere on the ask, and all the trading definitely looked like retail IMO. It was clean trading on the way up, and it didn't start to fall back down until the redaction was printed. This all points to retail on the way up and down IMO. If it were dilution, the dumping would have happened before the redaction was printed. Also, they would have not put out the news of cancellation until after hours.
I think the CEO got screwed by the land owner, but there really should be a breach of contract somewhere that should be in favour of ABCE.
ABCE needs to have more good new coming soon thought, in order to make up for the large error yesterday (as well as the seemingly very stupid recent 1 for 10 split)
Always yield to logic
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