TSXV:EAST.H - Post by User
Comment by
Noloon May 24, 2019 4:57pm
69 Views
Post# 29772300
RE:Shorting is not the issue
RE:Shorting is not the issueOdelay, today all kinds of people bought at .095, not just them. I'm flying blind because I don't have L2 but maybe they stopped their game or they moved their bid down a notch? Can you confirm this?
If they are letting go one share to get 2 or 3 more from scared investors, then it's not a zero-sum and they are accumulating. If they are accumulating, they might try to pump this up soon to make their money. If such a thing happens, I may be tempted to sell and then buy back when it goes down, follow the wave in other words (their wave). I'll see when we get there. My opinion of this stock has not changed at all but I might be tempted by a quick profit.
Also, I received and answer from IIROC telling me basically this: 'Thank you for your email referencing the recent trading activity in EastWest Bioscience Inc. (“EAST”:TSXV). We will review the information you have provided. '
It was worth a try.