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Bullboard - Stock Discussion Forum Canada Nickel Company Inc V.CNC

Alternate Symbol(s):  CNIKF

Canada Nickel Company Inc. is a Canada-based company, which is engaged in advancing the nickel-sulfide projects to deliver nickel required to feed the electric vehicle and stainless-steel markets. The Company owns flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. The Company also owns 25 additional nickel targets located near the... see more

TSXV:CNC - Post Discussion

Canada Nickel Company Inc > Manipulation....
View:
Post by CravingProfits on Jan 05, 2023 9:44pm

Manipulation....

I also have a feeling the share price is  being manipulated by bots and algorithms. 
And the bots are working in someone's favour. 
If you have mathematicians programming the bots, I'm sure it's easy for them to skim pennies off every trades up and down.
We think we are equipped to compete with a paid level 2 program, but I'm sure they have access to level 10 or whatever exists out there.
With our buy  and sell orders at limit price   or stops,  they know exactly when they can bring the s/p down to certain levels by selling and selling more and then simply reversing  their position and buy back in if only for a few pennies a share. 500,000 shares traded at a 2 cent profit is still 10k in profits.
After all...bots are not paid by the hour.
I would also think the big guys have inside information on developments before we do. So it is easy fir them to figure out when the s/p is vulnerable.
For example, my bank probably knows my financial situation better than my spouse would. The same applies to public companies I'm sure.
The big boys buy into companies based on the s/p plus a premium sometimes, so they have  good reasons  to keep the s/p down as much as possible.
I think things might be different if the markets only operated on  trading at market prices with no standing orders.Then the playing field would be a lot more fair to the small time investors like me.
And this is only one of many other ways we get scammed. Lol

Just venting and making unproven and possibly stupid  allegations here.
But I am still holding  long term and still buying more.
I am hooing ....." you can fool all of the people some of the time, and some ot the people all the time, but you cannot fool all the people all the time"... Abraham Lincoln.
Sorry, I have to go as  the SEC (CSA here in Canada) is calling me over the phone right  now. Lol kidding
Glta
Comment by EndZonefor7 on Jan 05, 2023 10:22pm
Your assumptions are correct Craving. The algo games are over the top on this stock. Fund guys who know more than us use the markets like an ATM. Just like the trolls who show up when the tide has shifted as they post misleading information and inane questions with new ID'S. 
Comment by Seahawk001 on Jan 05, 2023 10:38pm
Well 4facksakes after 2 years you dont think there would be a clearer picture here instead of the BS posted by your CEO?  i watchedtge video and im sure alot of you did about 13 months ago of Selby saying the table was full of buyers.... ya kk here we are 13 months later speculating.  So Selby has a lot of skin in the game but what if his buddy has just as much skin in the game and ...more  
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