Argex Titanium Inc. ARGEF

RE:Relentless selling by "Anon"

[Astrosmith]

You are not the only one getting a bit PO'd at Anon. Relentless is the right word. 
Without the Anon dumps we would be easily a few cents higher right now. Maybe a lot more than a few.  Anon seems to be stomping out gains intentionally - If indeed Anon is an investor/broker. Obviously more than one 'actor' may invest under the Anon name but it seems the bulk of it is one group because the behavior is consistent. For whatever reason they don't try and sink the price, but try to keep gains from happening. If they wanted to dump 2mm shares at once they could temporarily knock this down to 0.05 but they don't. 

I welcome any additional insight from other members because I cannot explain it fully. 

One possibility is that Anon has very real interest in keeping the SP low. Potentially part of preparing to finance the project, or not wanting to expire warrants prior to tech being proven and financed (after that the warrants at 0.11/0.12 will be solid gold). This does not explain the seemingly unlimited number of shares they are selling. It has to be in the millions in the last few weeks alone. Anon buys have not seemed to been keeping up with sales so either they don't choose to hide their identity when buying or they simply have more shares than I can imagine. It is possible that Anon is the Hammer (National Bank) and wants to keep sales separate from their buys. But this is not justifiable and is very strange becuase Nat Bank buys many shares from Anon's dumps- The last 100k shares bought today was at 0.07 by the Hammer. Seems like a losing strategy when the market is providing plenty of liquidity on the buy side. 

There is plenty of reason for a MM to bring shares on and prevent a huge spike- market needs to have some controls and most longs are not planning on selling within the 52wk trading range of 0.02-0.11. a 2mm share day should pop this above 0.10 but Anon kicks it down. 

The other possibility is that much of the Anon action is Argex itself. They are permitted to issue common shares as long as it is above 0.055 I believe. This explains the unlimited shares, but doens't explain the price suppression. ARGEX would be able to raise much more in a PP at higher SP than they can with common issuances like this. However, we need cash and the aggressive timeline needs to be funded so perhaps RGX feels the tradeoff is worth it. Anon would have raised easily over $500k in the last couple weeks for the company... not all bad. 
The other angle could be that RGX has been 'directed' by potential financers to keep issuing shares so the SP doesn't skyrocket before the main financing is announced. That seems to shady for a company that just got off of TMX review. 

Anyone else have any inisght into this? I ahve been researching as much as I can but haven't turned up anyting conclusive. 

If only we knew RGX was anon I think we'd all be happy to be $0.5-1mil closer to pilot-plant financing and take the short term setback. But the uncertainty is what is driving me crazy. No institution holding right now would be selling so hard knowing all the milestones have been hit.