InvestorsHub Logo
icon url

mstur29

02/17/21 11:12 AM

#39273 RE: Jack_Herer #39271

The only way for us to know the true demand for this stock is to get the CTO lifted. If this stock can only be bought by those people outside Canada then the volatility will be lopsided. Why would the company use pump tactics when the CTO is still on this stock? That makes no sense to me if I were trying to manipulate my stock. My understanding is that this company is way more known in Canada then the United States so there are only a few players taking advantage of this opportunity other than those who have been here for awhile and those short term traders taking advantage of the liquidity and price action. I’m long from sub penny prices but we will see the real market value when this CTO gets lifted. Much success to all no matter what side you are on.
icon url

ACRL_AuEgg

02/17/21 12:11 PM

#39280 RE: Jack_Herer #39271

Shorts know CTO lift is around the corner. Recent company update reminded investors and shorts that CTO lift is coming! ACRL with our Chairman & CEO Joe Dion and First Nations just starting to work!

When CTO is off price may very well be pushed into dollar land due to shorts covering the clowning at trip z.

But there are more updates, not just CTO lift, a touch about acquisitions and exploration plans quite nice too, just see the excerpt from recent company PR:

Friendly reminder:

Additionally, we have been working to resolve the cease trade issue with the Alberta Securities Commission. Our new team will assist with this process and we are hopeful to get back on track with our exploration and asset acquisition plans.”


https://acrlintl.com/press-releases/atacama-resources-announces-new-board-of-directors-and-management-teams-led-by-first-nations-leaders-and-business-executives/

Sweating about price? I thought there was no investment t in ACRL, I guess it appears I was wrong. 200 million shares shorted or so? If true, CTO lift is around the corner and this would just lit ACRL into dollar land just like that. We'll see on that soon.

I'd say ACRL now a beautiful company to invest in, it's no more just a speculation play : )
icon url

ACRL_AuEgg

02/17/21 12:35 PM

#39281 RE: Jack_Herer #39271

Jack, ACRL is up 200%+ within 10 days or so. Don't you know that 7-10% retracing and profit taking is not only a common practice but also healthy for the stock price in the long term?
Some call it consolidation period before the next leg up gets going. You're not new to investing, or am I not correct with that assessment?
icon url

rbtree

02/18/21 11:06 AM

#39302 RE: Jack_Herer #39271

Off 38%..... No surprise, that....