Good morning all,
Pardon me but I have chosen to ignore all the stories of massive losses by some traders on this forum. I will not sell on these stories. And, as stated previously, I have increased my position lately.
Contrary to many here, I do not believe that the recent run down in the price has been undertaken by a few large funds or banks. We were sitting quite comfortably at .80 when the PO was announced and all the traders choose to claim the sky is falling. And now that we issuing a PO at .36 CAD or USD, the same traders are claiming foul!
The next few days will tell us plenty. But does anyone really think that if a fund or bank has stepped in that they will not be ready to raise the price back up? Our daily trading of 500k shares will make them laugh. There have been long periods when the trading level was less than 250K shares. So, come on man!
Will all due respect to my fellow INVESTORS (and not others), let time be your friend.
Btw, way too many on this board have announced their true holdings but requesting the L2 levels. Many are aware that it takes a few dollars to have L2 access.
Best to all,
MS
PS All in my opinion of course