Phantoman Your analysis has one deliberate weakness, and that is that you want us
to believe that all the buying and selling is being done whereby investors buy, hold and sell there shares to make a profit.
That is not the case anymore, and you and your friends (Kiitday, Franjusl, wise Guy) know that
80% of the trades are
fictitious , done by HFT that used the ATS exchange to generate trading revenues with these trades, because that what you guys do for a living...
So I keep asking myself, why would so many basher our decided now to talk down the stock?, Why is there so many stock offered at 6 and so many buy orders at 5 ?, Why is anonymous sale order at 6 of 264,000 was taken from the first ticket on the order book of tsx-V to position 6 ? Why would Kiitday make a comment about a last trade at 6, that is clearly a purchase of a balance of a partial fill order, when Anonymous and Jitney have done so many down thick at 15:59 ?
My answer is that either we are dealing with traders that are either short, or have sold at a lost there shares and they need to rebuild a long share position in order to try to manipulate the stock once again, using the good all Trash and Cash methods...
Or we are dealing with people with serious Napoleon Complex !!
I have a feeling that we are dealing with traders that are short, and
To quote myself from last week :
But the real problems starts when traders are surprised by an upward movement, they find themselves in a very bad position, and they find themselves with two options, A) covered on the way up, knowing that their loss are unlimited, or B) double down on their shorts position by selling aggressively on the bid as soon as the upward movement on the stock start to weaken, and then do everything they can to scare silly retails investors in believing that a story is bogus and that the stock is worthless, so some retails investors will dumps is shares and therefore allow the trader to cover is short at almost not cost, and maybe even a profit, once you take into account the money paid by the exchanges for generating false volume.
Now, once you understand that these are the new rules of the game, and you look at the trading and comment pattern of a stock, you understand that things are not what they seem.
If you go back in May, when AFA issued the sampling results, look at the spike in volume and you will notice that on the 15 report the short position was 500,000 and this a couple of days after the news.
On the news the volume and price went up very quick in the morning to get back to its opening price the same day under pressure by brokers such as Jitney and anonymous. Jitney for one is known for its naked short strategies. Also look at the stockhouse BB, you will notice that during does period, basher were more active..
Now, the same trading patterns happened on last news week. Strangely Wise-Guy and FranJul are only posting in the days after these news event with good market movement, so guess what?
They are probably short and fight to recover and make profits. And guess what? it will all happen between the 15th and 31th so TSX info will not show anything!
Ps, you want another clues that these traders are desperate, look at the patterns of trades done on the ATS, when there is more trading being done on the ATS then on the TSX, then, you know that something is not Normal