Post by
bandit69 on Jun 14, 2021 1:26pm
Total B $
I watch level II for alot of stocks especially the ones I own. Level II tells the future (and you can see the games), charts tell the past. Anyways, I see good ole' Anonymous jump in and drop the sp each time it looks like a pop is building and slowly chops it down with asks. From my research, the short position is/was at the as of the end of May was 325k shares....the largest short that has ever existed for CUB that I can see.
Each time for the last 2 weeks or so since the financing was announced that the bids start to strengthen as mentioned, Anon jumps in to kill it. And since naked shorting is so prevalent in Canada the retail peon always loses. Short reports that are delayed and only published twice a month .....for a reason..... and put out on a garbage Excel spreadsheet that a kindergarten student can make is an obvious signal that this is info the retail peon shouldn't and doesn't need to know on a timely basis and who is shorting because markets allow the "anonymous" tag/ Complete BS and completely against retail shareholders. There is ZERO reason in this day and age why shorts can't be seen instantly in real time just as a long trade is and who is doing it. One can only guess. Where is wallstbets when you need them.
This doesn't just happen to junior miners....
https://magazine.cim.org/en/news/2021/regulators-to-take-steps-against-short-selling-en/
Between this B $ company silence now, and the overhead insanity they've lost momentum, I am out.
Just another day on a Canadian stock exchange. Crooked Canada and players all the way. No wonder SH is dead, there are no retail peons left because they've all been fleeced. I am now part of that club. I made it 20 years on SH and survived alot!! of market turbulence but I can see retail has changed and I have had enough of the fleecing. No wonder juniors struggle to gain traction. Who has faith in the system?
Comment by
bandit69 on Jun 16, 2021 11:53am
I'm drinking too muh...sorry, wrong forum. :)