RE:RE:Canada Carbon Inc. Shareholders....Disagree with you in that regards, Bruce, CCB CEO, is actually addressing a very important issue, that actually is much bigger then just CCB.
I am talking about the combined effect of an opportune timed short (naked mostly) trading strategy to create maximum technical damage on a stock chart, followed by an aggressive and coordinated trash and cash trading strategy supported with an aggressive and coordinated anonymous bashing campaign on investors boards in order to allow an hedge funds or a group of investors to reap large profits from these trades by defrauding investors…
I have always questions the economical interest that these basher... and that is why I keep asking any basher a very simple questions, at what price did you short and are you shorting more a these prices?
Wonder why I have never received any answer to these simple questions?
Now looking at this, I would not be surprise that a group of fraudster have gang up together and found a way to manipulate a stock to there advantage and that one of the tool of this fraud is the usage of paid basher to create a sense of panic in less sophisticated investors, therefore increasing the effect of there trading strategy…
Now the modus operandi of these gangs is to look for stock that have large volume, with a share price moving up, and were some type of Internet buzz is created by excited investors…
CCB feet the bill and they when the smell bloods, they moved in !!!
In this case, over $ 17 M of market capitalization was lost, if these investor were able to make 10% of with this strategy, they could easily have made $1,7 M in a few weeks?
I hope that Bruce action will start shining a light on these fraudsters and the damage they are creating not just to CCB but also to all companies listed on the TSX-V…