GREY:CRIUF - Post by User
Comment by
deisman03on Oct 30, 2017 6:33pm
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Post# 26878887
RE:RE:RE:RE:RE:RE:RE:RE:RE:Why would people sell 2 days before being guaranteed a divy
RE:RE:RE:RE:RE:RE:RE:RE:RE:Why would people sell 2 days before being guaranteed a divy StocknerdEQcool wrote:
deisman, I enjoy reading your investment strategy since JE hard times in 2014. The recent down grades to Crius from Canaccord and Desjardins will certainly carry some negative effects on the coming months to the unit price. Whether or not this management should be able to recognize the analysts concerns and make business rectifications will have to be seen.
JE taught me a valuable lesson at substantial cost to my portfolio. It did however lead me to being much more careful when it comes to management. Someplace in this mess, someone is either not being truthful OR some serious manipulation is going on. I most certainly am not in the loop one way or the other. Still, look at it this way, a half dozen day traders making a half dozen trades each per day, play 1-5 cent swings with 5000 units can make volumes artificially higher than they really are. Just the few I mentioned, could easily make it appear that 180,000 or more units had exhanged hands when in reality only around 30,000 have changed hands.
One thing I've seen in the past is that Canaccord and Desjardins comments often trigger such day trading events. Then again my hunch could be totally wrong. I haven't tried to purchase any large lots at this level. I do however know I had a very difficult time to purchase a large lot around the $9 level.