Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Comment by turron Jan 12, 2007 3:11pm
334 Views
Post# 12007338

another theory

another theoryOr should i say, another tall tale? The share price has been controlled since that 95 mil. deal Who would have thought, but we now know for sure, that Minty dealt off 5 mil, shares to a hedge fund. I'm thinking of the 56 odd mil. left that we know little about maybe a huge portion of that was dealt of to a hedge fund right from day one. lets take a stab in the dark and say 15 million plus 5 million (minty)= 20 mil to hedge funds. The hedge company went to work right away. The way a hedge is supposed to work is sell half in case the price goes down , hold half in case the price goes up. Hedging you can't lose. However you can make money, a lot of money, on the selling side. Basically, same as shorting except you have 1/2 as the hedge. In this case' as an example only, we could be seeing say 10 million available on the sell side so they put their plan to work. Sell and buy and work it down. They have to be in on the buy side for control and not to cause any major panic. When they get the price as low as they want( fleased as many people as they can) they start to buy back their 10 million, gradually but selling enough to not let the price run until the have again acquired their quota. Any good news, they'll let it run as high as it can providing they have most of their shares back. If they are much on the negative side, then they'll put up big chunks to crush any enthusiasm. And then the whole process starts over again, probably with a higher low (base) if the news has been generally good and vise versa. Civc would be a prime candidate for this because lots of interest and pretty good daily volume regardless. ( this bullboard sure helps a lot as well..lol) The trading pattern over the last 4 months offers this kind of senario. Just another explanation, good as any i suppose
Bullboard Posts