it was pointed out that Anonomous drove the price down right at open, why would they do that do you say - we are all losing money.
Well as people have been buying alot of retail investors especially ones that might be unsure where its going to go likely put stop losses on the way up to make sure they don't lose those sweet gains.
So anonmouse dumps bunch at open the price starts to tumble, stop losses get triggered automatically - other retail investors see this and think - rides over - time to get off and sell further dropping the price.
Well guess who did a bunch of buying at the lower price range -- thats right Anonomous - so they drive the price down and scoop up those cheapers shares -- here is a chunck of the trades so you can see what I mean about them buying back in: (buyer is the first name, seller is the second)
| Feb 9, 8:57 | 0.075 | -0.02 | 10,000 | Anonymous | Desjardins Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 75,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 50,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 13,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 175,000 | TD Securities Inc. | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 11,000 | National Bank Financial Inc. | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 1,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 28,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 21,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 50,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 29,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 57,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 14,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 10,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 36,000 | Anonymous | TD Securities Inc. |
| Feb 9, 8:57 | 0.075 | -0.02 | 14,000 | Anonymous | TD Securities Inc. |
This doesn't mean we are going to run to a dollar by next week - just that its likely the same person who pushed the price down bought more and is clearly expecting to make money from that