Sixth Wave Innovations Inc SIXWF

Sixth Wave Innovations Inc. is a Canada-based nanotechnology company with patented technologies. The Company is focused on the extraction and detection of target substances at the molecular level using specialized molecularly imprinted polymers (MIPs). The Company’s product brands include AMIPs, IXOS and Affinity. The IXOS is a line of extraction polymers formulated for deployment in the gold mining industry. The Affinity system is using its MIPs, which are designed to capture and extract cannabinoids from filtered crude extracts without the use of traditional winterization and distillation. The Company’s patent portfolio covers extensions of the designs for extraction and purification of other critical metals including nickel, cobalt, rare earth elements, and platinum group metals. It also designs, develops and commercializes MIP solutions across a spectrum of industries.

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Sixth Wave Innovations Inc > Unbelievable!!!

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Comment by throwaway11on Dec 19, 2023 2:32pm

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RE:RE:RE:RE:RE:RE:Unbelievable!!!

I would like to add that these sell walls were always at a single price, rather than the blocks of shares across a range of prices and from a single seller - as would typically be found in more thinly traded, low volume stocks when someone is attempting to exit. This is why I suggest their aim seemed to be to surpress upward price movement.

throwaway11 wrote: I noticed odd trading in 2021 and 2022. When there was good news (eg about the effectiveness of IXOS following tests or the pathogen detection tech) and buying pressure came in, anonymous sellers would put these massive sell walls - like $100k+ total - and then pull them when the pressure died down. Sometimes within a span of only a few hours.

Could of course just be institutions offloading as they often do, though, for any number of reasons, at the best price they can. They see something they like better, or something they think will succeed sooner, they got called, or they don't like the company for whatever reason, etc

I just thought it was odd that they put up these huge walls if the goal was to lose shares at the best price possible, because at least to me it seemed like this trading activity was preventing a new higher share price from establishing itself and stabilizing.