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If the upcoming quarterly is at all positive, management should...

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najjaci31

792 Posts.

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12/01/22

16:51

Post #: 58811649
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Originally posted by amb005: ↑

Yeah can see them when they come in for dumps, would be nice to get their selling out of the way, but they are doing it in a smart way, I suspect they are propping up the bid at 1.4, and getting people (like myself) to buy infront at 1.6, then when buyers build they dump on the bid again. Rinse and repeat, they maybe even have to do it at 1.3-1.4 for their last 70 mill or so. Thats also another big playerthat wont be participating, with 90 mill shares left to sell, thats a fair chunk that wont be participating.

Just not looking the best, but the sooner they are finished their selling the better. Poorly timed CR by management especially since they got the notice that they were selling last year, guess their hand was forced when they been taking out so much money from the company themselves.

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If the upcoming quarterly is at all positive, management should be looking to have the released promptly to assist in improving the current sentiment like someone else has suggested.

If my memory serves me correctly, every CR has been done at a lower SP to the SP from the preceding CR. That's directly on management.

NUH Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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