OTCPK:CPPMF - Post by User
Comment by
VENManon Jan 13, 2021 9:59am
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Post# 32283989
RE:RE:RE:RE:High volume
RE:RE:RE:RE:High volume Regarding: So yesterday Anon and Cibc were the 2 big sellers. Anon is often used by USA brokers or insiders who dont want the house identified. fwiw.
I did some DD on Anon and they turn out to be Sub Companies of TD, CIBC, RBC, or other Large Brokers. What happens at times and I could be wrong, is that CIBC sells and Anon buys but Anon is a Sub-company of CIBC so no shares have been reduced by CIBC because Anon a Sub Company of CIBC bought the shares. So what happened? Why would they do this? answer the trade at lower prices creates fear or stops get hit allowing in a split second shares to be bought at a lower price. When the Market finds the stock at a lower price and is Good Value they buy it back up to it's higher price. This is all speculation on my part. I really have no clue what is going on. Always do your own DD, but it does answer many questions that float around in my stupid head! GLTA!