GREY:BNKPF - Post by User
Comment by
Carbonbullon Nov 12, 2019 12:48pm
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Post# 30340618
RE:RE:RE:RE:RE:RE:RE:RE:RE:Financials out
RE:RE:RE:RE:RE:RE:RE:RE:RE:Financials outThis is the way the shorts driven by ALGO work , no emotion or malice completely divorced form fundementals , and yes if shareholder throw in the towel they can drive it to o and never have to cover just free money. Hence the danger to captal markets from ths predatory capital trading strategy , all the more reason for shareholders to know what they own and have confidence in the reserve reports, (granted some days these are not worth the paper they are printed on) not so with BKX. This company truly has impressive reserves , and have minimized the risk of wells spaced to close together. Now for a catlyst ! Only steady buying can change the actions of an ALGO Imagine if you will a well capitalized fund (citadel) running 30000 stocks where they short everything not in the index and get long an index comparable rinse and repeat every trading hour with advance info coming from all online platforms as to volume , ever wonder why you have to confirm a trade and cant opt out?.