If someone could nail these washtradersNow, I know there are at least a dozen of wash trading accounts that try to manipulate Gear, however from my observation of the trades of the last year these are the worst guys. Goldman Sacks and Merryl Lynch Canada. I do not know how they do it, what software they use but it is clear that for such an inexpensive and small stock they make a huge amount of these 500 dollar $0.005 trades. They have an ability to time the trades that nobody else gets these shares and that way they always keep them for themselves. That is how they always to dictate the price. If only the regulators did their job and could nail people like these it would have been a different story for Gear and many other smaller companies on TSX.
| Sep 28, 2023 3:58 PM | | | | | | Merrill Lynch Canada Inc. | Goldman Sachs Canada Inc. |