UAV ... I have given up on being puzzled and have taken an approach similar to yours (albeit not to your “extreme”) since, as far as I can tell, their plan makes sense and they are working it. Not much more we as shareholders can ask for.
One concern: Since we’re in Q4, we won’t see any numbers until probably the end of Feb/18. If anyone has an inside track to current mgmt or BOD, suggesting some sort of Q4 numbers update might not be a bad idea.
That said, I do have a question regarding these new Market Maker services:
Isn’t $5,000/mo / $60,000/yr (a lot of money for a little company like this) pretty steep purely for MM services?
A quick search on Venture Liquidity Providers Inc revealed that another company (ABRA.V) retained Venture Liquidity Providers Inc services about a month ago and I don’t see a noticeable difference in their trading. Another company which engaded them (in July), DBV.V, seems to do a little better.
VLP seems to have a registered url vlpinc.net but it leads nowhere and VLP has certainly made quite the effort not to be “sniffed out:
ca.godaddy.com
It’s possible that my search just got off the track somewhere. Is anyone familiar with VLP?
BTW, Latimer is house #36 and this is what they have done since Nov 1:
House Positions for C:UAV from 20171101 to 20171109
|
House
| Bought
| $Val
| Ave
| Sold
| $Val
| Ave
| Net
| $Net
| 36 Latimer
| 389,500
| 28,097
| 0.072
| 3,887
| 273
| 0.07
| 385,613
| -27,824
| 85 Scotia
| 495,000
| 33,669
| 0.068
| 202,365
| 14,590
| 0.072
| 292,635
| -19,079
| 74 GMP
| 100,000
| 7,000
| 0.07
| 0
|
| 100,000
| -7,000
| 9 BMO Nesbitt
| 75,000
| 5,625
| 0.075
| 12,000
| 780
| 0.065
| 63,000
| -4,845
| 2 RBC
| 244,200
| 16,824
| 0.069
| 185,500
| 12,187
| 0.066
| 58,700
| -4,637
| 124 Questrade
| 40,000
| 2,750
| 0.069
| 0
|
| 40,000
| -2,750
| 19 Desjardins
| 30,000
| 2,100
| 0.07
| 0
|
| 30,000
| -2,100
| 89 Raymond James
| 10,000
| 650
| 0.065
| 0
|
| 10,000
| -650
| 58 Qtrade
| 5,000
| 350
| 0.07
| 0
|
| 5,000
| -350
| 14 ITG
| 2,200
| 154
| 0.07
| 0
|
| 2,200
| -154
| 99 Jitney
| 10,000
| 700
| 0.07
| 10,000
| 750
| 0.075
| 0
| 50
| 13 Instinet
| 150,000
| 10,100
| 0.067
| 160,000
| 11,150
| 0.07
| -10,000
| 1,050
| 28 BBS
| 0
|
| 57,000
| 3,990
| 0.07
| -57,000
| 3,990
| 7 TD Sec
| 1,830,352
| 123,703
| 0.068
| 1,935,500
| 131,332
| 0.068
| -105,148
| 7,629
| 79 CIBC
| 5,000
| 350
| 0.07
| 215,000
| 15,300
| 0.071
| -210,000
| 14,950
| 1 Anonymous
| 120,000
| 8,400
| 0.07
| 725,000
| 50,120
| 0.069
| -605,000
| 41,720
| TOTAL
| 3,506,252
| 240,472
| 0.069
| 3,506,252
| 240,472
| 0.069
| 0
| 0
| |