Crew Energy Inc T.CR

Look at the trading volume

[gonatgasgo]

Did 415,000 shares just changed hands at the close?

[Oldnagger]

I am not sure what exactly has been happening with this stock, but it is obvious to me that the banks and one bank in particular  has been behind some very nefarious activity to manipulate the share price of Crew. The game has been to force margin customers into selling their shares at ridiculously low prices. I.e below 5$ . To do this they use the customers very own shares that they loan out

[upinmuskoka1]

I know it will never happen but I once read that if a CREW shareholder puts in a sell order at a certain price much higher it locks the shares. Let's say I take my 200k shares and I want out at $8.50 (which I do) I put a sell order at $8.50 and that prevents my shares from being loaned to margin buyers or shorters.Your order can always be changed higher or lower in the future and I just

[Oldnagger]

Thanks , I think you are right, I have heard that before. This time , I was not hurt too badly , as I converted my TFSA to Crew. A rather dangerous move for my age, but I really hate getting worked over by these rats !!

[Oldnagger]

As a further thought, if everyone does that it will force the shorters to buy back their positions very quickly. Sauce for the goose is sauce for the gander !!

[Moemoney42]

No that theory isn't true.. it's been discussed many times on various boards but has no merit.. unfortunenately.. :-/

[Moemoney42]

Well one good thing so far this AM is Crew is the only O&G stock I own in the green so far this AM.. hopefully a sign of things to come later this week/month.. time for a turn around..!  ;-)

[Moemoney42]

Oops..  spoke too soon.. LOL... :-(

[gonatgasgo]

With oil down, nat gas down and Crew ahead of the pack?  You knew it would only last a few minutes.  In the bottom half of the pack now.  

[RJboxer]

Crew shares are heavily oversold. The game only lasts so long and the shorts need to cover. It's a question of timing. N.America currently has the cheapest FOB NG globally, and as any economist knows "low prices take care of low prices". NG is displacing coal right now in power plants. Now if we get some weather........