Desjardins at it againBuy 65000 at.105 with 40 mjnutes to go in trading and blow out 60000 before close at.11, It is a vicious cycle that is killing long term buy and hold investors because certain certain players continue to flip for half a cent
In my opinion they may have a core position but are constantly trading approx, 1000000 shares around the bid ask
For all I know there may be a coordinated plan to wear down long term holders into selling by holding this stock down .At some point there is an opportunity cost of holding and one may look for other stocks to buy
Until we get off that God forsaken Venture exchange or get some huge buying I think the cycle continues. As you can tell these Yahoos are starting to wear down a 4yr holder of the stock.
Go play in some other sandbox