RE:RE:RE:Bought more today ... Can't resist !disallow wrote: Interesting, after reading these posts over the past several weeks, it looks like most of the Questrade volume seems to be small guys like me. Today it shows a large volume of these being sold, so I guess its true people are dumping their SOW acquired shares. My assumptions could be wrong though.
wintrader wrote: Here is the proof i bought more . Look under Desjardins ...
| Recent Trades - Last 10 of 226 |
| 10:29:31 | U | 0.07 | -0.005 | 112,000 | 2 RBC | 9 BMO Nesbitt | K |
| 10:29:31 | H | 0.07 | -0.005 | 1,000 | 9 BMO Nesbitt | 9 BMO Nesbitt | K |
| 10:29:31 | U | 0.075 | | 4,000 | 2 RBC | 9 BMO Nesbitt | K |
| 10:29:31 | U | 0.075 | | 10,000 | 2 RBC | 9 BMO Nesbitt | K |
| 10:29:31 | U | 0.075 | | 7,000 | 2 RBC | 9 BMO Nesbitt | K |
| 10:27:15 | C | 0.075 | | 2,000 | 1 Anonymous | 124 Questrade | K |
| 10:27:04 | C | 0.075 | | 30,000 | 13 Instinet | 124 Questrade | K |
| 10:26:55 | C | 0.075 | | 68,000 | 19 Desjardins | 124 Questrade | K |
| 10:26:55 | C | 0.075 | | 32,000 | 19 Desjardins | 124 Questrade | K |
| 10:26:38 | C | 0.075 | | 50,000 | 1 Anonymous | 124 Questrade | K |
My question is why on earth would people be dumping right before a licence is issued? Is 2-3 weeks too long to wait? Surely they must know the licence is pending. The shorters are going to keep this down until they know they have to cover. The question is have they sucked out all the buying pressure? How many are sitting on cash waiting to load up more right before licence is granted. We all better hope its a lot. At this point the shorters are screwing themselves by scaring off new investment.
Mayham