Purposely held Down Watching the trading in this stock and you can clearly see someone is purposely keeping it down. Everytime someone buys there is an offsetting sell to keep the price from showing a gain. See the closing trades today below. Why would someone sell 500 shares for 2 cents less than the previous trade with 1 second left in the trading session. I can only think that they have good reasons for doing this and was adding today and earlier this week.
16:00:00 | T | 0.91 | | 500 | 85 Scotia | 15 UBS | KQ |
15:59:59 | T | 0.93 | 0.02 | 500 | 79 CIBC | 1 Anonymous | K |
15:59:59 | T | 0.93 | 0.02 | 3,000 | 79 CIBC | 1 Anonymous | K |