Call Birch Hill or Toray and get their opinion ~ 36m and 46M share "respectively"
You think ONLY 13.2M shares traded over the last 3+ months since the US investment house "AGP" ( Alliance Global Partners ) bought 23M shares at 42.5 cents CAD is "light"...imagine the entire year of 2008 ONLY trading 1.2M shares.
Once the heavier dilution started it ALL went EXACTLY where they needed it to go to maintain control that allows the SP to be anything - IMHO
Toray, Birch Hill, BioMS ( Meddwell ), Mavrix Funds ( rolled back to Meddwell and then to Birch Hill ), Mackie, Cormark and more recently the current CEO's former company Paradigm. "United they stand..and frustrated the hope you fall" ; - )
Watch the trading, today's volume was 428K NOT the 200K you see on the TSX. Buys at the ASK are diverted to other platforms. It is mind-boggling that 275M fully diluted shares can be managed and pushed around the way this is. Below is the trading since the 2nd of Paradigm's discounted financings here. LESS than 5% of the total share count has traded in well over 3 months. VERY unusual and only the case when insiders et al are strong holders and working as a united team..."good for them"
When you "own it all", the SP really can be "anything" and in order to justify it you need a story. It would appear the Stockhouse Network stands at the ready to "deliver said story" What shameful acts of GREED and beyond. Muliple FDA approvals and 6.6M CAD broken into 108 tiny pieces prior to Paradigm's first "insitutional" 60 cent print. Stay strong and understand the story and the emerging GLOBAL expert ready to re-invent the "theranostic septic wheel" refined 2 decades ago. GREED is an awful thing and this bullboard the poster child for much of what is wrong with an abuse of power and control. Most stocks are cpable of easily trading 5% in one day and many 300% to 700% of their float in one day...BUT really, < 5% in > 3 months with more planted internet posters than real trades? tisk, tisk..>62% of retail holders know better.
ALL in my humble opinion and do your own due diligence and understand what you're invested in with the help of a real profressional licenced to suggest and sell stocks. This is a simple retail forum where good people gather to share helpful facts and honest opinion. I love the "Spectralator" I embrace GREED and listen closely when being fed pure BS ; - )
Here is the last 3+ months of trading. The IDEA you are supposed to "bite down hard on" is the concept that "ANONYMOUS" is "dumping" ( wink wink ) I believe most of you understand "BID-NESTING"...I sure do.
House Positions for C:EDT from 20210727 to 20211102 |
7 TD Sec | 4,014,722 | 1,355,805 | 0.338 | 1,103,428 | 360,560 | 0.327 | 2,911,294 | -995,245 |
9 BMO Nesbitt | 1,120,205 | 383,666 | 0.342 | 293,992 | 96,453 | 0.328 | 826,213 | -287,213 |
2 RBC | 1,652,689 | 542,585 | 0.328 | 859,569 | 284,270 | 0.331 | 793,120 | -258,315 |
85 Scotia | 657,127 | 218,358 | 0.332 | 297,019 | 99,606 | 0.335 | 360,108 | -118,752 |
88 Credential | 358,150 | 117,313 | 0.328 | 3,682 | 1,353 | 0.367 | 354,468 | -115,960 |
80 National Bank | 550,786 | 183,267 | 0.333 | 345,629 | 115,120 | 0.333 | 205,157 | -68,147 |
33 Canaccord | 650,067 | 216,273 | 0.333 | 504,162 | 168,902 | 0.335 | 145,905 | -47,371 |
19 Desjardins | 200,106 | 65,951 | 0.33 | 58,401 | 20,318 | 0.348 | 141,705 | -45,633 |
13 Instinet | 242,500 | 82,770 | 0.341 | 110,700 | 36,409 | 0.329 | 131,800 | -46,361 |
55 Velocity | 104,000 | 37,960 | 0.365 | 0 | | 104,000 | -37,960 |
79 CIBC | 633,227 | 215,869 | 0.341 | 567,961 | 200,647 | 0.353 | 65,266 | -15,222 |
124 Questrade | 201,490 | 70,411 | 0.349 | 137,740 | 49,235 | 0.357 | 63,750 | -21,176 |
83 Mackie | 63,500 | 21,945 | 0.346 | 141 | 41 | 0.291 | 63,359 | -21,904 |
74 GMP | 55,000 | 17,600 | 0.32 | 0 | | 55,000 | -17,600 |
62 Haywood | 30,000 | 9,742 | 0.325 | 0 | | 30,000 | -9,742 |
57 Interactive | 27,500 | 9,420 | 0.343 | 0 | | 27,500 | -9,420 |
39 Merrill Lynch | 10,362 | 3,258 | 0.314 | 3,266 | 998 | 0.306 | 7,096 | -2,260 |
212 Virtu | 369 | 136 | 0.369 | 451 | 165 | 0.366 | -82 | 29 |
28 BBS | 0 | | 300 | 97 | 0.323 | -300 | 97 |
76 Industrial Alliance | 0 | | 479 | 150 | 0.313 | -479 | 150 |
68 Leede | 0 | | 1,650 | 536 | 0.325 | -1,650 | 536 |
89 Raymond James | 15,315 | 5,102 | 0.333 | 25,136 | 7,927 | 0.315 | -9,821 | 2,825 |
36 Latimer | 41,039 | 13,524 | 0.33 | 51,662 | 17,242 | 0.334 | -10,623 | 3,718 |
22 Fidelity | 36,500 | 11,680 | 0.32 | 65,000 | 21,150 | 0.325 | -28,500 | 9,470 |
53 Morgan Stanley | 149,513 | 50,616 | 0.339 | 220,781 | 75,980 | 0.344 | -71,268 | 25,364 |
14 ITG | 40,154 | 12,792 | 0.319 | 134,277 | 43,176 | 0.322 | -94,123 | 30,384 |
1 Anonymous | 2,438,514 | 817,196 | 0.335 | 8,507,409 | 2,862,914 | 0.337 | -6,068,895 | 2,045,718 |
TOTAL | 13,292,835 | 4,463,239 | 0.336 | 13,292,835 | 4,463,249 | 0.336 | 0 | 10 |