GREY:SIXWF - Post by User
Comment by
throwaway11on Mar 24, 2022 4:28pm
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Post# 34543074
RE:RE:RE:RE:RE:Anonymous selling hard against this news
RE:RE:RE:RE:RE:Anonymous selling hard against this newsI won't comment on that idea for now (though I'm not closed to it either). It is worth putting it all into context that anonymous/institutional sellers have dramatically sold down a very large number of canadian microcaps over the last twelve months.
I am aware that a large amount of this is merely correction to the microcap bubble in Feb 2021 via shares that were purchased before then being sold to the market. I mistakenly bought some stocks before they had truly corrected from this bubble.
However, that explanation has been falling flat more and more - for companies like this one, bee vectoring technologies, earth renew, just three off the top of my head - that have been meeting or exceeding product performance milestones, in the latter case is trading beneath reasonable fundamentals etc - are being horrendously sold down regardless by anonymous sellers.
What is so surprising - should it be? - is that nobody, absolutely nobody, is writing or saying a single thing about this. Not in user-driven sites like Seeking Alpha, not on canadian trading/investing social media, not at the Globe and Mail, so on.
A twitter user (I won't name them) mentioned that Canadian "little issuers" were down on average over 60%. The anonymous sellers seem bent on taking that number as low as they can. Yet, nobody is asking anything or offering explanations.