I expected and still suspicious that we will see a push to under 30 cents so that the warrants do not get accelerated but there is enough volume right now to sell and buy the warrants so hard to say. With the volume we have had, I think we will not see sub 30 but this market has thought me that nothing is impossible. CSI this morning hit 20 cents, that seemed impossible a year ago!!
As for the financials, their year end report is due end of November so should be out anytime. They have 1.5M in the bank and would get another million from the warrants at 22 cents.
Holding for now as I believe most of the selling is from Channing Buckland who owned over 10% and is notorious for getting out early. Once he is done selling, I do expect this to move over the 50 cents mark. He sells under anonymous and you can see by the house position over the last month that they account for a huge portion of the selling. Take this selling out of the way and we will move up as this story has legs.
@glorieux19
HouseBought$ValAveSold$ValAveNet$Net7 TD Sec7,128,3002,205,3500.3094,408,1001,373,2850.3122,720,200-832,0652 RBC3,184,397902,1770.2831,249,679375,3560.301,934,718-526,8219 BMO Nesbitt1,910,879513,1770.269668,350211,6980.3171,242,529-301,47985 Scotia2,640,861748,9350.2841,564,450476,5260.3051,076,411-272,40979 CIBC2,014,573592,5510.294981,568311,0800.3171,033,005-281,47159 PI1,461,500366,4280.251538,500149,3230.277923,000-217,10595 Wolverton390,000132,4610.3453,50017,8540.334336,500-114,60758 Qtrade581,200152,8000.263259,60077,1640.297321,600-75,63680 National Bank288,81077,2910.2686,6001,9820.30282,210-75,309124 Questrade464,640132,8260.286217,53559,0480.271247,105-73,77889 Raymond James221,00059,2390.2680221,000-59,23919 Desjardins313,900105,9380.337135,50047,3400.349178,400-58,59899 Jitney277,50086,4300.311182,50059,8700.32895,000-26,56088 Credential218,30061,3970.281159,50044,9860.28258,800-16,41183 Mackie119,00038,6800.32564,00018,9360.29655,000-19,74424 Clarus50,00015,3000.306050,000-15,30053 Morgan Stanley50,00010,6490.213050,000-10,64928 BBS260,50048,5350.186214,50054,0520.25246,0005,517145 Woodstone40,00014,3000.358040,000-14,30054 Global53,50020,3300.3817,5005,0510.28936,000-15,27939 Merrill Lynch11,8003,2440.275011,800-3,24427 Dundee10,0002,7000.27010,000-2,70072 Credit Suisse10,0003,7300.373010,000-3,73057 Interactive6,1662,0600.33406,166-2,06015 UBS30,0007,2500.24227,0006,5920.2443,000-658143 Pershing20,0004,7000.23520,0005,3000.265060025 Odlum010,0002,6000.26-10,0002,60068 Leede108,55730,1690.278147,76149,6730.336-39,20419,50469 Jordan238,00062,5900.263313,50089,0410.284-75,50026,45113 Instinet2,7001,0530.3994,00034,3570.366-91,30033,30462 Haywood317,00063,3590.20426,000130,9000.307-109,00067,54133 Canaccord427,000124,3250.291698,500204,9090.293-271,50080,58446 Richardson100,49334,3910.342831,933201,0390.242-731,440166,6481 Anonymous1,931,000556,7770.28811,591,5003,173,1800.274-9,660,5002,616,403TOTAL24,881,5767,181,1420.28924,881,5767,181,1420.28900
