GREY:CNONF - Post by User
Comment by
SwingTrader149on Mar 10, 2019 9:24pm
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Post# 29466732
RE:RE:RE:RE:RE:Answers from CEO re: board questions from Chuba
RE:RE:RE:RE:RE:Answers from CEO re: board questions from ChubaAny stock that moves with over 50k in volume a day this quickly will get the attention of short sellers. This is the reality of the CSE - unforutantely they were not prepared for the short attack that occured last week it seems and a bunch of groups got involved.
In my opinion an underwriter was lending shares out for someone else to short - and if they are able to pull those certs or find out who then the shorts will have to cover very quickly (3 days IIRC).
As far as the company not knowing who IR Global is - almost anyone can be buying shares of a pubco with low volume and push stock out through an IR. Not illegal in Canada although it should be - but most of the time the company doesn't know about it.
Again these guys have a legit office, a legit staff, a wicked product and a ton of great potential from what I have seen - let's see if they can come out with news to back it up. If so they could really be the frontier for getting small shops online.