RE:RE:RE:RE:RE:RE:Finally good EIA draw of 5.9mb It's entertaining to think someone is out to get us or that the only reason the stock isn't a "rocket ship" is because of some sort of plot. I think the "problem" is Ath and many others are penny stocks traded by small time retail investors. I'd say , like me, but I don't trade often. A "block" trade used to be $10,000 back in the day and was how most stocks traded other than the pennies. Nowadays maybe it's more like $50,000 but even 10k is 20,000 shares for a block. There just isn't much interest in small and microcap energy stocks beyond the small retail day traders or penny flippers so I look at the trading action and see it stuck in a range until a major event busts it higher. Like the long,long,long awaited refinancing or another 10% plus investor. Wti moving even $5 just doesn't seem to cut it.
2020oilgamble wrote: but the problem with that hypothesis is that wash trading is illegal, and has been for decades, while naked short selling is comletely legal in canada.
lovehockey wrote: by what I call wash traders, not shortsellers, sorry.