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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 GideonOon Feb 09, 2021 10:19am
165 Views
Post# 32511870

For everyone concerned about the drop

For everyone concerned about the dropit was pointed out that Anonomous drove the price down right at open, why would they do that do you say - we are all losing money.

Well as people have been buying alot of retail investors especially ones that might be unsure where its going to go likely put stop losses on the way up to make sure they don't lose those sweet gains.

So anonmouse dumps bunch at open the price starts to tumble, stop losses get triggered automatically - other retail investors see this and think - rides over - time to get off and sell further dropping the price.

Well guess who did a bunch of buying at the lower price range -- thats right Anonomous - so they drive the price down and scoop up those cheapers shares -- here is a chunck of the trades so you can see what I mean about them buying back in: (buyer is the first name, seller is the second)

Feb 9, 8:57 0.075 -0.02 10,000 Anonymous Desjardins Securities Inc.
Feb 9, 8:57 0.075 -0.02 75,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 50,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 13,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 175,000 TD Securities Inc. TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 11,000 National Bank Financial Inc. TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 1,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 28,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 21,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 50,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 29,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 57,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 14,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 10,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 36,000 Anonymous TD Securities Inc.
Feb 9, 8:57 0.075 -0.02 14,000 Anonymous TD Securities Inc.
This doesn't mean we are going to run to a dollar by next week - just that its likely the same person who pushed the price down bought more and is clearly expecting to make money from that
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