OTCPK:EMMBF - Post by User
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spasticatedon Aug 25, 2017 2:10pm
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Post# 26622565
EMC.WT massive volume the past 2 days
EMC.WT massive volume the past 2 daysAnyone have any theories as to why? It's clearly a co-ordinated transaction as the seller and buyer are the same each time.
I am thinking maybe they feel the share price is going to go up in the near future, so they're selling their warrants to another registered account while in the red so they claim the loss / don't have to pay taxes on the transfer. The registered account could be an acquiantance or family members, etc.. People with this kind of money would know how to game the system.
I am just guessing though, anyone else have thoughts on this?