Public service alert Short sellers trying to stop you out.
Warning for all Canadian retail investors. This stock is manipulated by short sellers.
Please read the articles below to educate yourselves about the mechanics of short selling to avoid falling in the shake out trap. American hedge funds exploit a loophole in the Canadian capital markets that allows them to basically walk away with billions every year from hard working Canadians trying to prepare for their retirement. If you have access to a bloomberg terminal you will see how it is done. They place a series of 100 shares or less at decreasing offers until the price drops significantlyhoping to trigger stop loss orders that some unsuspecting retail investors automatically place to protect their downside. Example: I place 15 sell orders at strategic times (when liquidity is very low for example or at the beginning or end of the trading session)
1- sell 50 shares at 4.97
2- sell 50 shares at 4.95
3- sell 50 shares at 4.94
4- sell 50 shares at 4.92
5- sell 50 shares at 4.91
6-sell 50 shares at 4.90
7-sell 50 shares at 4.88
8-sell 50 shares at 4.87
9-sell 50 shares at 4.85
10-sell 50 shares at 4.82
11-sell 50 shares at 4.81
12-sell 50 shares at 4.80
13-sell 50 shares at 4.76
14-sell 50 shares at 4.75
15-sell 50 shares at 4.70
By sacrificing 1500 shares at a discount hedge funds can trigger the sale of thousands if not millions of dormant shares owned by naive retail investors who placed stop loss orders on them and that brokers or short sellers are happy to scoop up to cover their shorts and hoard them for when the stock starts rising up again. Rinse and repeat. Short sellers use derivatves like options and futures to manipulate the underlying stock while escaping avoiding the scrutiny of most.
Please help me spread the word so that as many fellow Canadians as possible are aware of what goes on behind the scenes. Home Capital Group was attacked by short sellers in the same manner and their stock went from $5 to $45 within 5 years because the shareholders were united.
What is stop hunting?
https://www.investopedia.com/terms/s/stophunting.asp
Jim Cramer explaining the basics of stock market manipulation:
https://youtu.be/8DJlogbrDcA
Short and Distort: Bear Market Stock Manipulation:
https://www.investopedia.com/articles/analyst/030102.asp
How The Big Players Manipulate The Stock Market:
https://seekingalpha.com/instablog/2918951-g-hudson/1026551-how-the-big-players-manipulate-the-stock-market
Anatomy Of A Short Attack:
https://seekingalpha.com/instablog/11442671-gerald-klein/3096735-anatomy-of-a-short-attack
Naked Short Selling: The Truth Is Much Worse Than You Have Been Told:
https://oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.html
Scotiabank Fined $127 Million for Price Manipulation, False Statements
https://www.wsj.com/articles/scotiabank-fined-127-million-for-price-manipulation-false-statements-11597877100
Citigroup Fined $45 Million For ‘Dishonest’ Decade
https://news.bloomberglaw.com/securities-law/citigroup-fined-45-million-over-regulatory-breaches-in-h-k
JPMorgan Agrees To Pay $920 Million in Connection with Schemes to Defraud U.S. Treasuries Markets
https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us
When market manipulators are the stars of Comedy Central you have to laugh about it.
To watch the video you need to be in the US or use a VPN connection. A real treasure for my fellow Canadians to watch. The interview between Jim Cramer and Jon Stewart comes in three parts where Jon is roasting Jim Cramer for this leaked video ( https://www.youtube.com/watch?v=8DJlogbrDcA )
Enjoy this powerful and hidden knowledge. Courtesy of the Corus entertainment gang.
https://www.cc.com/video/fttmoj/the-daily-show-with-jon-stewart-exclusive-jim-cramer-extended-interview-pt-1
https://www.cc.com/video/rfag2r/the-daily-show-with-jon-stewart-exclusive-jim-cramer-extended-interview-pt-2
https://www.cc.com/video/gliow5/the-daily-show-with-jon-stewart-jim-cramer-pt-3