RE: RE: 155959 trade by anonymous Of course it has been subject to dirty tricks but then again isn't this acceptable practise these days as far as regulators are concerned, sadly. A fish rots from the head down and what we experience on the TSXV is only from a trading house that aspires to do exactly the same but on a much much bigger scale. Metanor has been locked into a an automated trading platform which has driven the stock down to far beyond even a fire sale price on the assets alone, ridiculous of course but psychological momentum feeds on itself and computer programs feed on the latter. I have seen this situation repeatedly over the years, I'm sure all of us have. That said you can either jump up and down in disgust or take advantage of the situation that is in front of you as they do in the East with the manipulated paper bullion price and say, thanks very much and take the actual physical.
Now Sinclair is right that the management should be aware of the manipulation and it does no harm to inform them but I wouldn't hold your breath that they can do anything about it. This is the normal these days but there is a huge difference when a company becomes cash generative as they tend to pull the plug on any trading platform and this can have a considerable and rapid effect on any stockprice. The longer the program has been running for the far greater the impact. I saw it with First Majestic that went from $1 to $26 but by that time the majority of retail investors had been flushed out because they thought 'something must be wrong' for it to go that low. Of course nothing was wrong, it was just a trading program messing with their heads, lol.
Imho Metanor will one day just spike and then keep on spiking and many retail investors, well trained by the program and not already in will be sat there like Pavlov's dogs waiting for the inevitable Metanor pullback to enter. But computer trading programs can undervalue a company for years of trading and then let it find it's true valuation within a week or two. So yes forg, learn to love your enemies and what they gift you.
https://www.reuters.com/article/2012/08/01/us-usa-nyse-tradinghalts-idUSBRE8701BN20120801