WCE Heavy Insider Buying & Games Being Played By House 53[url=https://ceo.ca/api/sedi?insider=&symbol=WCE&date=&transaction=&amount=&undefined[company_symbol]=WCE]https://ceo.ca/api/sedi?insider=&symbol=WCE&date=&transaction=&amount=&undefined[company_symbol]=WCE[/url]
Today Morgan Stanley literally bought and sold 31,557 shares at the end of the day just to try and bring down the price. They bought it all at 7 cents, then sold it right away down to 5.5 cents. Why take a $400 hit for no reason? Morgan Stanley hasn't even bought WCE as I checked the monthly house positions from 2017 until today. If you want a decent position, then bids have to move up. All the cheap stuff from 5-6 cents is basically gone and insiders and their associates control a majority of the stock. Still a heck of a deal at 10 cents when you calculate their positive cash flow, reserve and infrastructure value. Playing games in order to get a shake out of stock is not going to work in a tight float stock like this.
https://www.stockwatch.com/Quote/Detail?C:WCE | Recent Trades - Last 10 of 17 |
| 15:44:22 | V | 0.055 | -0.015 | 571 | 7 TD Sec | 53 Morgan Stanley | |
| 15:44:22 | V | 0.055 | -0.015 | 2,000 | 80 National Bank | 53 Morgan Stanley | K |
| 15:44:22 | V | 0.055 | -0.015 | 4,000 | 80 National Bank | 53 Morgan Stanley | K |
| 15:34:20 | V | 0.06 | -0.01 | 167 | 2 RBC | 7 TD Sec | |
| 15:34:20 | V | 0.06 | -0.01 | 1,000 | 7 TD Sec | 53 Morgan Stanley | K |
| 15:34:20 | V | 0.06 | -0.01 | 1,000 | 7 TD Sec | 53 Morgan Stanley | K |
| 15:34:20 | V | 0.06 | -0.01 | 15,000 | 2 RBC | 53 Morgan Stanley | K |
| 15:34:20 | V | 0.06 | -0.01 | 8,000 | 2 RBC | 53 Morgan Stanley | K |
| 15:25:15 | V | 0.07 | | 571 | 53 Morgan Stanley | 7 TD Sec | |
| 15:25:15 | V | 0.07 | | 15,000 | 53 Morgan Stanley | 2 RBC | K |