GREY:SIXWF - Post by User
Comment by
throwaway11on Jan 13, 2022 4:54pm
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Post# 34314659
RE:why would anyone sell now???
RE:why would anyone sell now???I should add that I am not totally discounting the possibility that something weird is going on with the trading of the stock. Do I know what it is definitely? No.
But once again, anonymous selling lots every day, but never going below 20 cents - it could show somebody potentially wants the company to be as cheap (or poorly able to self finance) as possible without being blatantly obvious about what it is they are doing.
Or there is an institutional bear who is slowly liquidating, though all information we know here shows that no person educated on the company would make such a decision at this point in time.
Or it could be automated trading from an instution. A number of TSXV stocks have apparently been dealing with this lately, or at least their investor base seems to have convinced itself as such.