RE:RE:RE:RE:RE:RE:RE:Canaccord Resumes Coverage On The Valens Company, $6.50 PTNovyj wrote: The share price is manipulate in the same time by canacord, CIBC, anonymous, and who do you think is behind ( anonymous )
People selling short typically expect (or have inside information) news that will drive the price down in the future, so they can cover their position at a lower price, right? I'm not loving what that might mean for the Q2 results. Typically I'd expect a run up towards the release of the quarterly, but this week we're seeing the opposite. We just hit the price level that one of the new members of the board bought 2 million bucks worth of shares at. Will be interesting to see how the company and the board react to the current trend. Personally, I sold off some other stuff, and waiting to see where the bottom is - but I'm in no rush to buy, patience is often rewarded.