lost somewhere on the moon...That is not what I wrote...you seem to misunderstand the point.
Canaccord was buying all day long. Not every house shows up each day, at least not showcasing that they are buying. They were involved in the biggest bids, and the largest orders. They were filling their pockets with this stock. Could be for themselves or for clients, or both. If you dont think house positions matter,thats fine..I dont think technicals matter on small caps...but I dont slam those who use it if they feel it works for them.
Another thing, certain houses are involved in certain industries...and they do have buying patterns that are recognizable from stock to stock. So relax man on the moon, I am not saying, Hey, Canaccord is buying, so go buy ! or Anonymous is selling so go sell !!
The results for our best property are pending so I am buying...as I have from 50 cents down to 34 cents, and back up above 40. I now have a nice enough position to eagerly wait for these results.