CANACCORD has been a sellerCanaccord seems to big a big seller the last few days, might have something to do with them cutting back and closing 16 of its 32 offices..... and their 6.5 million dollar loss last quarter.
Truth is that Canaccord has a lot of clowns so these losses do not surprise me...The "analysts" of Canaccord trashed PBN (Petrobakken) last Sep at C$ 7,5. The holders of PBN still remember them. Those analysts' assumptions proved to be so clueless and unsustainable and PBN rose up to C$ 18 few months later in early 2012.
https://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/canaccord-slashes-wealth-division-to-stop-losses/article4563012/