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Industrials Waste Management

"Newalta Corp provides engineered environmental solutions that enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams."

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NEWALTA CORPORATION > Someone is still trying to keep a LID on this pot

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Post by compsys68 on Oct 30, 2017 2:41pm

Someone is still trying to keep a LID on this pot

Oil is over 54.00 the last trade was at .79 (which is Very bad) but someone just came in and offered 10K at .78. this is so obviously being manipulated to stay low its not funny. At least the are using the Anonymous feed and not going through Goldman sachs. If anyone is wondering how we got to under 1.00 it was Goldman selling over 1.5MM shares net in the past 4 months.

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Comment by EstevanOutsider on Oct 30, 2017 10:58pm

Can 10000 shares hold this stock down? I know it's a small cap, but do you really think? This baby will trade on outlook and improvement, both of which are there in my opinion. Q4 should be the last quarter I hope that this stock is under $2, though if we skyrocketed to $2 w/ positive news on Newalta and also industry, it really wouldn't surprise me. As fast as this stock ...more

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Comment by compsys68 on Oct 31, 2017 10:40am

We need some decent 500K+ volume days to get the cob webs out of the system. In short I think that strategically placed sell orders can move a small cap like our very easily. Especially when the MEGA holders are just sitting back and waiting for time to pass before they do anything one way or another. I also think based on SEDAR, 6 or 7 companies hold over 60 % of this stock. With that said maybe ...more

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