I HAVE TO ADMIT THE SELLING HAS BEEN UNUSUALLY HEAVYThis week.
Make no mistake the stock is being shorted and investors are capitulating.
This retracement has been extreme and some are clearly missing the mark.
This is a new app with a great social premise and a world renowned CEO.
The current share price is not reflecting these attributes.
I chuckle when the odd dbag blames an anonymous poster by the name of Banx for their woes.
Get real folks.
I'm here and heavily invested.
The stock will rebound and those that bought higher will eventually get redeemed.
This story has barely started and I'm here for the long term.
If I liked this at 40 I'm loving it at this level.
This week 11.4 MILLION traded at an average of 21 cents.
House Positions for C:FDM from 20170717 to 20170721 |
28 BBS | 824,815 | 161,735 | 0.196 | 305,000 | 61,463 | 0.202 | 519,815 | -100,272 |
59 PI | 510,000 | 112,837 | 0.221 | 60,000 | 12,250 | 0.204 | 450,000 | -100,587 |
68 Leede | 827,052 | 172,627 | 0.209 | 511,440 | 112,274 | 0.22 | 315,612 | -60,353 |
2 RBC | 1,361,830 | 277,023 | 0.203 | 1,116,376 | 235,924 | 0.211 | 245,454 | -41,099 |
124 Questrade | 292,330 | 59,438 | 0.203 | 156,300 | 35,258 | 0.226 | 136,030 | -24,180 |
89 Raymond James | 164,200 | 31,995 | 0.195 | 52,000 | 9,554 | 0.184 | 112,200 | -22,441 |
62 Haywood | 130,000 | 26,811 | 0.206 | 100,000 | 21,005 | 0.21 | 30,000 | -5,806 |
143 Pershing | 34,510 | 6,711 | 0.194 | 10,000 | 2,300 | 0.23 | 24,510 | -4,411 |
13 Instinet | 997,000 | 216,542 | 0.217 | 988,500 | 211,086 | 0.214 | 8,500 | -5,456 |
36 Latimer | 5,210 | 1,107 | 0.212 | 0 | | 5,210 | -1,107 |
88 Credential | 10,000 | 1,900 | 0.19 | 10,000 | 2,000 | 0.20 | 0 | 100 |
9 BMO Nesbitt | 274,714 | 64,078 | 0.233 | 297,000 | 70,120 | 0.236 | -22,286 | 6,042 |
1 Anonymous | 1,562,000 | 348,621 | 0.223 | 1,593,625 | 331,841 | 0.208 | -31,625 | -16,780 |
79 CIBC | 786,132 | 162,603 | 0.207 | 835,554 | 167,996 | 0.201 | -49,422 | 5,393 |
80 National Bank | 98,800 | 23,392 | 0.237 | 232,000 | 56,465 | 0.243 | -133,200 | 33,073 |
33 Canaccord | 0 | | 198,500 | 48,082 | 0.242 | -198,500 | 48,082 |
85 Scotia | 653,248 | 132,193 | 0.202 | 862,396 | 180,660 | 0.209 | -209,148 | 48,467 |
22 Fidelity | 57,279 | 12,941 | 0.226 | 267,950 | 45,454 | 0.17 | -210,671 | 32,513 |
7 TD Sec | 2,522,200 | 518,403 | 0.206 | 2,752,429 | 578,022 | 0.21 | -230,229 | 59,619 |
83 Mackie | 105,000 | 22,550 | 0.215 | 347,000 | 62,009 | 0.179 | -242,000 | 39,459 |
58 Qtrade | 172,000 | 36,170 | 0.21 | 692,250 | 145,914 | 0.211 | -520,250 | 109,744 |
TOTAL | 11,388,320 | 2,389,677 | 0.21 | 11,388,320 | 2,389,677 | 0.21 | 0 | 0 |