No, BLK still too small and illquid imo. Canaccord really do a good job of top ticking this thing. The consolidation and big breakout in Feb before Canaccord did that last raise is identical to the pattern and subsequent breakout over $1.00, followed by the recent 1.00 raise. Quite poorly handled if you ask me, they upgraded their PT to 1.20 two days prior to the CR ann, suckered in all the momo traders then announced the CR at 1.00. All CR buyers now 25% underwater, and now its has $25mill worth of overhang. The last Feb raise was underwater for the best part of 3 months. It wasn't until Hunter Hall took that large line off Orion on 21 June that it started to make headway again. I hold for LT fwiw, but regretting not slamming the bid after the CR ann. Remind me to run for the hills next time Canaccord upgrade it.
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No, BLK still too small and illquid imo. Canaccord really do a...
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