600k iceberg For like a good couple weeks before the news crash, the share price was kept in check with like a 600k iceberg.
does anyone know who was selling these shares?
does anyone know if this same bank who was trying to sell these shares have been a net buyer or seller over the past 3 trading days?
also painfully clear this iceberg seller knew the news was going to suck. They wanted to prevent the share price from going up pre news so they could tank it easier once news did get released. Again, select insiders always know something about CGX. Such a joke.
Until the relentless selling ends, CGX goes no where. I have noticed that 50,000 to 100,000 buys are occurring, yet absolutely no movement upwards. Painfully clear this is done on purpose. Just wondering if it has to do with the 600k wall from earlier.