RE:RE:Level The Playing Fielddonmayne, really good post, you seem to be very knowledgeable about shorting stocks. I will admit that I know very little, but continue to shake my head as to how this can be legal. These brokerage house's borrow your shares, and not just bet the stock will go down, they control the market and make sure it goes down. Again how can this be allowed to happen?? you said yourself that deep pockets are responsible for shorting a stock. Which means a rich person or group of people, or of course the brokerage house's.
It is very clear that the shorting is taking place using house #079 CIBC, and house #001 annonymous. I use these tmx money.com site, it only shows the current last ten trades for 5 pages so does not show all the trades, however it is 95% or more showing #079 and #001 back and forth. Is there another site that shows all the days trades, or do you have to subcribe to a trading platform??
Back to shorting, why do these guys want to short a stock like Viemed ?? The average target on the stock is $16 dollars, we have been there before, but probably only because of last years Russell 3000 index scenario. The targets today are based on business fundamentals and growth prejections I assume. So how do we get there when these guys can short anytime they want and knock the share price down??
Why is it easier to short the stock at $11 versus $13?? Why would anyone, especially the retail guy want to invest in a stock that is always being shorted?? It is pretty obvious that these guys won't let the share price get much above $13 before they pull it down again. Lastly why would you want to stay invested in a stock like VMD??? The retail guy is always up against the wall, no control what so ever, we have been, and always will be at the mercy of these crooked brokerage house's, and the crooked trading practises that are currently in place. It really is mind boggling that this type of system is in place. Money makes the world go round, if you can't compete, then your hooped, so I give up they can have my shares too. I'm way past tired watching this BullShite. GLTA