Phivida Holdings Inc. PHVAF

RE:I wonder if we here are missing something

[Charlie_Chan]

It almost looks like someone using CIBC put in a stop loss order @ $.81 as the Bids dried up and the share price tanked from $.81 to $.66 in a millisecond! Never a smart idea to put a large stop loss on a penny stock.

Trades for C:VIDA Stop Loss sale at 9:45:03??? (sure looks like it!)

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
09:45:03	C	0.81		4,000	33 Canaccord	79 CIBC	K
09:45:03	C	0.80	-0.01	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.80	-0.01	5,000	7 TD Sec	79 CIBC	K
09:45:03	C	0.80	-0.01	500	7 TD Sec	79 CIBC	K
09:45:03	C	0.80	-0.01	20,000	7 TD Sec	79 CIBC	K
09:45:03	C	0.79	-0.02	500	79 CIBC	79 CIBC	K
09:45:03	C	0.79	-0.02	1,000	79 CIBC	79 CIBC	K
09:45:03	C	0.79	-0.02	5,000	7 TD Sec	79 CIBC	K
09:45:03	C	0.79	-0.02	500	85 Scotia	79 CIBC	K
09:45:03	C	0.78	-0.03	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.77	-0.04	500	124 Questrade	79 CIBC	K
09:45:03	C	0.77	-0.04	1,000	9 BMO Nesbitt	79 CIBC	K
09:45:03	C	0.76	-0.05	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.75	-0.06	3,000	13 Instinet	79 CIBC	K
09:45:03	C	0.74	-0.07	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.72	-0.09	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.72	-0.09	5,000	99 Jitney	79 CIBC	K
09:45:03	C	0.71	-0.10	2,000	1 Anonymous	79 CIBC	K
09:45:03	C	0.71	-0.10	4,000	33 Canaccord	79 CIBC	K
09:45:03	C	0.71	-0.10	3,000	33 Canaccord	79 CIBC	K
09:45:03	C	0.70	-0.11	5,000	33 Canaccord	79 CIBC	K
09:45:03	C	0.68	-0.13	1,000	80 National Bank	79 CIBC	K
09:45:03	C	0.66	-0.15	3,000	1 Anonymous	79 CIBC	K

pipefighter wrote:
that has not been put out by the company regarding trading or anything else relevant too its shareprice fall! or that has caused it too fall from 90 cents too a low of 66 cents this morning!

what gives?

volume is not astronomicallly high !  But its being held down, when others are green today!

Just what 6 days ago on the 13th it was closing the day at 90 cents and has progressively fallen red each day there after, what gives?