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Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Post by unclebobieon Jun 25, 2020 12:34pm
145 Views
Post# 31190959

On the subject of manipulation - its BS - now read from deck

On the subject of manipulation - its BS - now read from deckQuestion # 3: Is there stock manipulation occurring? GLH is not aware of any purported stock manipulation. There are over 860 M shares outstanding in GLH held mostly by retail shareholders. No one party that holds more than 5% of GLH.   Retail shareholders, may not understand that the shares offered for bid and ask on the indexes they can see are not the only place that buyers and sellers can transact. There are trading platforms available for large volume traders that pay for the right to keep their trades hidden. A retail investor will not see these bids or asks unless they too are paying for this. Dark pools exist. This is legal. Professional traders are happy making small gains on large volume of stock and often times trade in the grey markets that retail investors can see. That is not manipulation. Particular broker dealers are mentioned often in the chat rooms. Once again, please remember that retail shareholders make buy and sell orders through their own individual retail broker dealer or discount broker. A dealer may have hundreds of advisors selling shares for their individual clients under the same dealer code.   It may not one specific party buying or selling. Ultimately, if there are more sellers below the current trading price than buyers above, the stock will always trade in narrow bands and not rise.    I typically ask shareholders, if retail investors can acquire the stock at $0.015, why would they pay $0.02 and so on. Until someone is willing to pay $0.05 to clean up all of the stock offered below that, the share price will remain low. When stock is no longer offered for sale, demand will drive price up. If there are irregularities that shareholders can prove, I encourage them to share it with regulators. In the absence, negative commentary in chat rooms are not productive. At a certain point in time, perhaps consider selling instead of resorting to other methods.
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