Lucara Diamond Corp T.LUC

Alternate Symbol(s): LUCRF

Metals & Mining Industrial Metals & Minerals

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.

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Lucara Diamond Corp

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Comment by KingFoxon Apr 23, 2018 3:03pm

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Post# 27927891

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:re re sells

This really shouldn't be surprising. 100 share lots are the norm with computer trading in equity markets. I've been trying to get the vendor that I use to allow me to trade like a broker, i.e. trade an order amount in 100 share lots. So far nothing and I'm not holding my breath, not sure if IB allows the average investor to do this but something I've been meaning to research. Anyway the markets are always manipulated by whoever is involved, the level and success will largely depend on the size and expertise of the position and broker/client. The only info that has been correctly and importantly identified are the net sales and pruchases, those can be hidden and give you real, valuable info.

re: Greywolf, way back when I did some digging and thought I found him. I think because he started to try to find out more about me, hahaha. Anywany it was someone across the pond and if he was a Lamb voice, which is entirely possible, I didn't get that connection. But entirely possible.

Now if we could only find another big stone in the South Lobe. If we are going to get the asset sold out from under us, I'm hoping that it has a $3 handle and as close to $4 as possible. Wishful thinking I know.

soxman wrote: Pierre and Puma what I am seeing is this:

Lets say the Price is at 2.10 bid at 2.10 and ask at 2.11

Cibc sells 100 shares to themselves (going AROUND the bid) at 2.09. This shows up as the last trade at 2.09 so the bids and asks will adjust accordingly.
Somehow as a result of low volume and probably algorithm trading this will move the bid to 2.09 almost every time.

So far CIBC has both sold 100 shares and bought 100 shares...
Then they will buy a few hundred or a thousand shares at 2.09

This makes them a NET BUYER.

Then they will sell themselves 100 shares again at 2.08 and the bid and price will drop to 2.08
Then they buy a few hundred shares or whatever at 2.08

Then when they see the opportunity again they will sell themselves another 100 shares at 2.07 and on and on and on. It has been happening for a while now. Why would they continuously sell themselves 100 shares below market value?

So they are still NET BUYERS. Puma you can certainly sell a stock down and still be a net buyer. They are just buying more than they are selling but selling strategically at a lower market value than the bid.

I know this shouldn't make sense but I have been watching it for weeks. I didn't know that they were a Net Buyer but now that Puma posted it, this seems to make more sense.

I have posted a bunch of times when the bid is at 2.07 for example and they will make a trade at 2.06. Then it goes back to 2.07 and they sell another 100 to themsleves at 2.06 and the bid changes to 2.06. Im not saying it is illegal or that I know what is going on but it is certainly happening that they are selling 100 shares to themselves throughout the day at lower than market price. I have posted maybe 10 times they have done it in the last week or so.