TSXV:MCLD.H - Post by User
Post by
CanadaCoinon Nov 16, 2019 7:33am
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Post# 30359694
Who is selling mCloud Stock?
Who is selling mCloud Stock? I have been looking at the daily trading house posistions of mCloud stock recently, and have noticed that there really is only one large scale seller.....Anonymous.
I have also noticed that this stock wants to run....thus the new highs.....but this one seller(s) is keep it down. It if wasn't for Anon's selling orders, I highly suspect the stock would be trading north of $0.70 by now.
Why are they selling? Well, I highly suspect they are exercising some of those lingering $0.35 warrants for a tidy 40% gain, and perhaps setting themselves up to participate in any upcoming Acquisition fianancing that was announced last night in the SEDAR Prospectus. Here is the House Trading data for the month of November thus far.....