Does anyone on this site or other sites know the approximate number of shares that Jordan currently holds?
I am thinking around 10 million from some posts a long time ago on SH.
At the rate that Jordan is buying and other firms, I am sure that the shares are been put away for the long term, so soon the supply of shares is going to get limited.
Simply put is... Suppy and Demand...
So when things start to move for GBB and people want shares--you will have to pay the price and chase it imho.
My thoughts this morning are that Frank and his management team will not release news until after the long weekend here in Canada--We call it Labor Day Weekend and is on September 6th being a Monday. People will be taking time off here starting next week and will not be back until Tuesday September 7th.
I called my broker and it is a holiday in both Canada and the U.S. on Monday September 6th and both exchanges are closed.
By that time business management executives will be back to work from their summer holidays and markets should be ready to move to the next level.
In a way I am hoping that is what happens because I can sell some of my other holdings that are ready to release news this week and next and take a bigger position in GBB at these current levels before it takes off.
Then take my positions back into my current portofolio.
Always remember to keep your "core position"and never trade it, if you "believe" like a lot of us longs here do believe.
The way GBB is trading, I think we will continue to see a couple of cents rise in share price until news is released.
All the best to everyone and keep smiling....
mintaka