RE:RE:RE:RE:RE:RE:RE:RE:RE:WTF bottom just fell out1. Gra rarely issues news releases for anything including financial results so to comment on a down day when there was no comment on the corresponding up day would bother me more. Response: When a news release is not issued on behalf of a senior exchange participant, in regards to precipitous and sustained moves upward or downward in the share price throughout any given trading session or consequtive sessions, it would bother me equally.
2. All market players shop for best pricing so we can't blame this on the U.S> listing. If there is a higher bid in Canada they the shares will be bought in the U.S and resold in Canada in an instant. Simply more sellers today than buyers or a larger shareholder that couldn't place a block trade and wanted out quickly. This could continue for a while depending on the size of the holding. Response: Yes, yes; that's all well and good savyinvestor. Did you suggest
a larger shareholder that couldn't place a block trade and wanted out quickly. Hmm? Now there is a statement that evokes many more questions. One of which being, did such a large shareholder receive some 'unique' information regarding this coming quarterly earnings numbers; which, perhaps due to the timing of when deliveries are made and revenue is
booked from the most recent supply contract wins, may not be all that attractive to 'the street'?
3. The market maker's job is to make a market not swing it on way or the other. They do not accumulate too many shares as they put them back on the market on the opposite side of the trade. I see nothing nefarious with todays trading. Response: As I suggested; you either don't know (that's doubtful), don't want to admit and/or would simply rather ignore what is afoot. savyinvestor.
synonyms: Nothing nefarious, you say
? Of course there was nothing such as the above defined which took place yesterday, savyinvestor. LOL!
If you believe that, I have some swampland zoned for residential highrise development for you; it's located in quite the natural setting and found within the Florida Everglades, lol.
Thanks for the perhaps futile efforts at damage control, savyinvestor. The damage is already done; and I know I certainly had nothing to do with it.
Perhaps we should all simply wait for the share price to continue it's downward slide to at or about $3.10 ?
After all
, anything seems posible now, eh?