RE:strange but trueI've had the same experience with RBC. Your broker is probably engaged in a practice called," making a market." There's a good explanation online, but essentially your broker holds an inventory of the particular shares. I've even had an order partially filled immediately on my bank site with no matching order i.e. same broker and time stamp, appearing on TMX site. Later in the day the rest of my order was filled and a matching order did show up on TMX.
While I'm here, I see there was a virtual pep rally here Friday. Streamers and popped balloons still litter the floor. Over 30 posts largely pumped from Gagnon's presentation. So that begs a question. Why has Gagnon never been able to excite the market in general? In the years I've been following this thing he has never once inspired any reaction on the market in the days following a presentation. Not once.
The market at large obviously feels this is a 28 cent stock. On a day when Del Vicario almost gives a no comment, we trade $400. worth of stock, and today we trade $200. worth. Gagnon is right in that there is no value being placed on the technology but the reason is the fact that he has yet to prove he is capable of monetizing it. There is a reason for caution here. The same guy that didn't get a drink deal is out there now trying to get a PGX deal. "We are talking to the Danones of this world", sounds ominously like,"We are talking to the Pepsis of this world". A week or so ago someone on here wondered if," Our team could pull this off." The problem with that statement is the fact that there is no team. If Gagnon can't do it, it doesn't get done. He is our team.
Digital recently said that Gagnon didn't get a deal recently because he didn't like the offers. If you're right Digital, that would indicate that PGX is not quite as valuable as Gagnon believes.
Now, having said all that, if there is a deal consummated with one of the Danones of the world. { That would infer one of only about a dozen companies in the world.} then it may be time to back the truck up. So' like Westcoast, if I think the deal is good I also plan to double my position.
As Trump says, we'll see what happens.