Sunday, November 28, 2021 12:26:36 PM
It’s all about timing, the earlier the better and then it comes down to the merger and if the incoming can produce enough to where shareholders are interested to hold.
Curious why all these “end of the world” events, like the RW, only brought 20 million in volume on a supposed 2 billion float? Something doesn’t sound logical there, why isn’t anyone selling? Pretty easy to see why.
Most likely 15 million was Canadians exiting to take a position in GOFF before it came open to US retail and 5 million US holders that wanted to go play elsewhere too.
Basic fact, 50% haircut on pathetic volume only bodes well for the days, weeks ahead. I’ll take my chances holding. It’s a risk I’m willing to take, and to me it’s a small risk. Sharp will come through here like he did GOFF.
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