GREY:CHALF - Post by User
Comment by
Puffdragon6969on Oct 01, 2019 3:33pm
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Post# 30183642
RE:RE:RE:RE:RE:RE:RE:RE:GAME IS OVER
RE:RE:RE:RE:RE:RE:RE:RE:GAME IS OVER well something is going on with canaccord with Glh. They bought about 4 million shares yesterday on the ATS and pre market shows a cross trade of almost 9 million shares at 7:01am. I'm surprised you're not talking about that. IMO they are clearing their short position and getting ready for a ride up or maybe something else is in the works.
Orwellian1984 wrote:
Thanks Legacy79. I am also learning here from you guys.
1. Regarding the entire sector: in fact Canaccord is highly invested in this sector and is manipulating other stocks two. I named MedMen and Aurora. So let do not assume all the declines are due to the rough time
https://www.canaccordgenuity.com/capital-markets/sectors/cannabis/
2. Not the entire sector is affected to the same degree. Probabely the ones with larger caps are less manipulated. The difference between performance of sector and individual outlier can be investigated to discover heavy manipulation.
3. Why release a price target of 0.5 cents?
Why to lie? probabely they have this price target in mind and they need to pretend they are not the seller. Whith continues decline nobody trust them and they do not need to worry about it. Also there maybe a turning phase in the manipulation.
By the way do not assume they are only selling in the market. They also buy probabely through TD. By correct timing they also benefit from price fluctuations.For example Canaccord's average buy price in the last 12 months was 12 cents and the sell price was 17 cents. Unfortunately I can not comment on their activity through TD as I can not seperate the general public from their activities there.
As I showed a small fraction of their holding is enough to manipulate. On average about 1-2 Million shares monthly. Even the small amount they loose by selling and price decline will be recouped by buying at much lower prices.
and finally who do you think are the ones bidding at half a cent or one?
Only and I insist only ananymous and TD. Even at 1.5 cents, these two are the main player. Scotia is the only other with a tiny contribution at 1.5 cents.