I will keep reposting this message as new shareholders join in everyday. If you know what is at stake and how short sellers are trying to stop you out please ignore.
For those who are new take the time to study it. It will greatly benefit you.
I Warn all Canadian investors that this stock is manipulated by short sellers.and to verify my statement watch the tape and follow put options and futures.
Stop hunting trap:
You will avoid the shake out trap if you understand the mechanics behind short selling. Hedge funds walk away with billions every year from hard working Canadians trying to prepare for their retirement. They place orders as little as 1 share at decreasing prices until the price drops significantly enough to trigger stop loss orders that some unsuspecting retail investors automatically place to protect their downside. Example: I place 15 sell orders at strategic times (when liquidity is very low, at the beginning or end of the trading session)
1- sell 50 shares at 1.97
2- sell 50 shares at 1.95
3- sell 50 shares at 1.94
4- sell 50 shares at 1.92
5- sell 50 shares at 1.91
6-sell 50 shares at 1.90
7-sell 10 shares at 1.88
8-sell 50 shares at 1.87
9-sell 50 shares at 1.85
10-sell 50 shares at 1.82
11-sell 50 shares at 1.81
12-sell 1 share at 1.80
13-sell 5 shares at 1.76
14-sell 50 shares at 1.75
15-sell 12 shares at 1.70
By sacrificing a few shares at a discount hedge funds can trigger the sale of thousands if not millions of dormant shares owned by naive retail investors who placed stop loss orders on them and that brokers and short sellers are happy to scoop up to cover their shorts and hoard them for when the stock starts rising up again.
Short sellers use derivatves like put options and futures to manipulate the underlying stock all under the radar.
Please help me spread the word so that as many fellow Canadians as possible are aware of what goes on behind the scenes.
Fishing for liquidity
Imagine being a farmer looking for water. You start digging a well. 10 meters deep no water, 20 meters deeper still no luck so you keep digging deeper and deeper hoping to find enough water to justify the investment and time spent digging. Now imagine a bunch of short sellers who sold millions of shares short and are digging/fishing for stop loss orders or people who will be forced to sell at a certain price (those who bought on margin and can't honour repeated margin calls for more cash as the price keeps going down…) that will allow them to cover their shorts. Short sellers will do anything to push, force or convince you to sell because they are sitting on millions of shares that they must buy to cover their short positions.
Imagine that I assume that there are enough shareholders that will be shaken out if the price is low enough. I sell 5 million shares short for $6 a share
A few months later I sell short another 3 million shares for $5 a share
A few months later I sell short 1 million shares for $4 a share
A few months later I sell short 500,000 shares for $3 a share
A few months later I sell short 300,000 shares for $2 a share
A few months later I sell short 200,000 shares for $1 a share At the end of this special operation (bear raid) spanning between a few months to a few years I would have sold short a total of 10 million shares for $51,300,000 at an average price of $5.13 per share bought by some 2000 retail investors. Will you sell to me for $1 please
You are faced with two choices :
1- Sell to me at the current price of $1 per share and realize your loss and allow me to cover my short position for a total profit of around $41,000,000 (after fees, interest and commissions…) or
2- Do the work and figure out the right answer for you.
What is stop hunting?
https://www.investopedia.com/terms/s/stophunting.asp
Jim Cramer explaining the basics of stock market manipulation:
https://youtu.be/8DJlogbrDcA
The stock market is rigged :
https://www.youtube.com/watch?v=DX9djYus9tY
The SEC looking closely at dark pools:
https://www.forbes.com/sites/jonathanponciano/2021/08/04/sec-looking-closely-at-dark-pools-heres-what-they-are-and-why-reddit-traders-are-rallying/?sh=4b63b0c22e42
Why Elon Musk hates short sellers:
https://www.youtube.com/watch?v=P0YaJ9lRyC8
Don’t be the sucker they think you are. To take your money is a fun and satisfying game to these guys:
https://www.youtube.com/watch?v=rsXxyn08DbU
Bear raid stock manipulation: how and when it works, and who benefits
https://knowledge.wharton.upenn.edu/podcast/knowledge-at-wharton-podcast/bear-raid-stock-manipulation-how-and-when-it-works-and-who-benefits/
Short and Distort: Bear Market Stock Manipulation:
https://www.investopedia.com/articles/analyst/030102.asp
Market manipulation is real
https://www.forbes.com/sites/johntobey/2021/02/01/stock-market-manipulation/?sh=2e810dde7eb2
How The Big Players Manipulate The Stock Market:
https://seekingalpha.com/instablog/2918951-g-hudson/1026551-how-the-big-players-manipulate-the-stock-market
Anatomy Of A Short Attack:
https://seekingalpha.com/instablog/11442671-gerald-klein/3096735-anatomy-of-a-short-attack
Naked Short Selling: The Truth Is Much Worse Than You Have Been Told:
https://oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.html
Scotiabank Fined $127 Million for Price Manipulation, False Statements
https://www.wsj.com/articles/scotiabank-fined-127-million-for-price-manipulation-false-statements-11597877100
Citigroup Fined $45 Million For ‘Dishonest’ Decade
https://news.bloomberglaw.com/securities-law/citigroup-fined-45-million-over-regulatory-breaches-in-h-k
JPMorgan Agrees To Pay $920 Million in Connection with Schemes to Defraud U.S. Treasuries Markets
https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us
When market manipulators are the stars of Comedy Central you have to laugh about it.
To watch the video you need to be in the US or use a VPN connection. A real treasure for my fellow Canadians to watch. The interview between Jim Cramer and Jon Stewart comes in three parts where Jon is roasting Jim Cramer for this leaked video ( https://www.youtube.com/watch?v=8DJlogbrDcA )
Enjoy this powerful and hidden knowledge. Courtesy of the Corus entertainment gang.
https://www.cc.com/video/fttmoj/the-daily-show-with-jon-stewart-exclusive-jim-cramer-extended-interview-pt-1
https://www.cc.com/video/rfag2r/the-daily-show-with-jon-stewart-exclusive-jim-cramer-extended-interview-pt-2
https://www.cc.com/video/gliow5/the-daily-show-with-jon-stewart-jim-cramer-pt-3