TSXV:EVE.H - Post by User
Comment by
MJVigilanteon Jan 10, 2020 8:52pm
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Post# 30541205
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Proof that it’s been MMCAP dumping via anon/dark pools
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Proof that it’s been MMCAP dumping via anon/dark poolsthat may be proof of where they trade. However MMCAP paid 25 cents for the shares. original warrants are excercised at 35 cents, new shares purchased in may cost 50 cents (less value of warrant, like 5 cents) and new warrants are excerised at 60 cents.
There is no way they are selling those shares at a loss. NO WAY.
The barriers around these amounts are very likely the result of MMCAP, but not under 25 cents.
i would expect they are sellers when there is profit to take. They want to excersis the 35 cent warrants at a profit, and they didn't buy 18,000,000 shares at 50 cents in may to lose.
They will use the dark pools and will cap price moves until they have used all their shares at that price, but make no mistake they desire a >60 cents SP.