TSXV:WEE.H - Post by User
Comment by
himmleron Mar 21, 2019 7:30pm
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Post# 29520328
RE:Maybe Burger dumping
RE:Maybe Burger dumpingSelling a penny stock with volume as low as it is hardly constitutes dumping.What 30 -40 k traded at @18 cents? Thats the problem with these penny stocks.Although WEE can and has went far higher,it cant hold.It only takes some penny flipper to sell a few k at below the ask and the shareprice can easily be taken down.As you may know that part,but the part that many dont want to admit is that no investor cares about Wavefront anymore.Thats why the volumes so low all the time.
I still hold my shares and hope as everyone that something will change,but as I have ,and a few others, have stated many times before its all old hat.Retail investors like us cant move the shareprice..and one man (burger) may be able to move the shareprice up by buying...but to pin hopes on one man is nonsense in my opinion.He (we) needs institutional buyers..and they left many years ago.I remember that time very well.If anyone here recalls wavefront was trading over $3 with much fanfare.It amounted to nothing and the institutions fled.We need them back if anything is going to move the shares in a meaningfull way.
We retailors mean nothing.