Would like to know how much Alto Capital / Tony Locantro has already spent / will spend across these mentioned stocks. It needs to be considered that Alto has participated in those stocks's IPOs and / or CRs, that's where the " love " for those stocks comes from. But independent of that, I agree with him on the " over sold " comments.
With just $ 1-2m he could fire up the sp or absorb a lot of the limited number of " free " shares. Let's say he grabbed 10m shares of the estimated 50m made available shares willing to be sold from the total of 305m it could trigger a fast rise to 30c once the tide turns. Would like to join him now but will wait for a lower sp if CHM becomes subject of tax selling until the end of this months. Regarding the pipeline status and progress made at about 50-60m fully diluted MC and 23m cash at hand it is a much better risk / reward play than my favourite IMU from current level.
GLTA
CHM Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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