GREY:ALEAF - Post by User
Comment by
kooter33on Apr 03, 2018 2:40pm
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Post# 27822760
RE:Cmm does a nasty
RE:Cmm does a nastyMacqwa wrote: If you had a knowledgable broker and a strong account dollar wise, the broker could have sold your shares based on merit. Sold mine two hours after it started trading through the broker. CMM did a nasty thing to its share holders by not handling the paper before it started trading. Most will not profit as they had anticipated as a result. Nasty!!!
Yeah, now that the depository has finally issued the new shares to the institutes the sell off continues, since the new ALEF shares that were sold short y the institutes are now being covered. Many retailers getting #$%$%'d again. I was fortunate enough to get my investment out at a much higher price because of my insistance with the broker, but it is CRIMINAL that this stock was allowed to trade without the new ALEF shares being issued to the institutes FIRST. The HALT should have remained until everyone was on a level playing field. IIROC and the companny are at FAULT!! I feel for those who have just sold into the onslaught of selling by the institutes. IMO, you will see a rebound in the SP once the institutional short covering is finished. FWIW.