TSXV:CAV.H - Post by User
Comment by
mining_pays_my_billson Aug 26, 2014 2:03pm
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Post# 22879221
RE:1.5 mill on the bid
RE:1.5 mill on the bidIt's nice that there's a big bid, but DO NOT sell into the 4 cent bid please. If you do, TD will do a good job of holding the price down there, they are manipulating large blocks of shares. They did it today, check the level 2 (available on stockhouse site), when stock got to 5 cents, they sold shares to themselves at 4.5 to bring the price down to 4.5 and then crossed and crossed and crossed there to hold the price there. All the weak hands got scared, figured 'there's huge amounts of shares going at 4.5, I better sell mine now before all the bids at 4.5 are gone.' And so they did, they filled the bids at 4.5, and now the bid sits at 4. If we sell into 4 cents, TD will cross a million shares to make us think that all the bids at 4 are going to be filled, and we'll sell because we're afraid it'll go to 3.5. It won't if we don't let it. There's too many huge blocks of floating shares out there that are being used for manipulation. How many times this stock should have run, with all the good news we got this year. 1 bad news release (200M financing needed), but like 7 or so good news releases, yet the stock is stagnant... on high volume I might add. Makes no sense. Stock should be rising. Hold your shares and give it a chance to go up.