Stop with the 'who's' buyingThat is nonsense. Just because Canaccord is 'buying' doesn't mean that Canaccord, is institutionally buying.
If I place a trade, to buy THRM, I use TD Waterhouse. My buy will show up as TD.
Doesn't mean that TD is buying just means someone, who uses TD as a platform, bought shares.
I've never understood people's obession with this kind of nonsense posting. True firms will not buy, as an institution, stocks under $5.
Just because trades are being made under one umbrella and another; doesn't really mean anything.
If you have proof contrary, post the evidence that institutions are buying an overly risky penny stock.