Today''s Buy/Sell Volume141,000/97,500
The sell volume remained unchanged for most of the afternoon.
Our pps is definitely being managed by someone with deep pockets.
Anonymous is indeed annoying, not because it exists, but because it's being used purposely by a brokerage firm to hold the pps down. The question becomes, why? Its plain to all of us that it is happening.
Does any one here have any connections to the brokerage industry on the TSX? It would be interesting to hear from a insider as to why anonymous would be used to keep the lid on a stock price.
The basic logical concept of wanting to sell at a higher price for more capital gains is being breached by this activity so why does anonymous insist on selling low when he/she could sell high after such a positive PR. There is definitely a reason. Please don't suggest "naked" shorting. It impractical with this level of volume.
I have already suggested in a previous post that the acquistion of RSI might be the motivator. However, if that is in the realm of the possible, then why bother with the pps maintenance trying to keep the price down? Is not a pps above 27 cents a bonus to RSI?
There has to be a better reason for what is going on...other than the overall market. Don't suggest options. Last year they didn't issue over one million new options until two days after the Q1s had been released.