Rebound time, page-62

Hi @FeO(OH) , refer to my post from the 4th of Dec :

Date:
04/12/18
Time:
17:32:12
Post #:
36748077

https://windsorstar.com/cannabis/cannabis-news/aphria-stock-plummets-after-attack-from-short-seller

interesting comment by Alfie Morgan, professor emeritus of business from the University of Windsor :

... “It sounds to me a deliberate attempt to under price the shares to prepare for a takeover,” said Morgan. “It’s a typical takeover gimmick. What you do, you run down the company and the shares will go down. Then you move in for the kill and buy the shares as cheap as you can. And then you turn back and sell them higher, because now supposedly the shares are going to go up after they take it over.”
He suggested that shareholders try not to panic.
“And not to rush to sell,” said Morgan. “Just hold on tight, because that crisis will be over. The takeover will succeed only if people panic and sell. If they don’t sell and they continue to keep the shares and show their loyalty to the management team, then the takeover attempt will fail and it will come back.” DYOR