RE:RiskThat is almost zero risk imho.
The State Department should not be interested in targeting US investors in a Canadian stock that has some operations in the US. and even if they were somehow allowed to close down the US OTC trading of the stock, most US houses have either a seat on the TSX or an International Desk to call and trade the stock
That highlighted article posted by Vinnie last night written by Cannacorrds analyst reads to me that they expect little risk to the company and have a $2 target price, seems likely to have been written when one or some of their largest investors were bailing out early yesterday with several being inter house cross trades
Trades for C:CXB on 20221025 - 100 trades displayed |
09:42:58 | X | 0.55 | -0.24 | 500,000 | 33 Canaccord | 33 Canaccord | Z |
09:47:27 | T | 0.55 | -0.23 | 378,000 | 79 CIBC | 33 Canaccord | K |
10:03:47 | U | 0.57 | -0.20 | 256,500 | 33 Canaccord | 33 Canaccord | Z |
09:47:27 | T | 0.55 | -0.23 | 200,000 | 13 Instinet | 33 Canaccord | K |
11:42:41 | T | 0.56 | -0.22 | 190,000 | 79 CIBC | 85 Scotia | K |
09:44:55 | M | 0.525 | -0.255 | 146,500 | 33 Canaccord | 79 CIBC | |
09:37:54 | T | 0.55 | -0.23 | 100,000 | 59 PI | 79 CIBC | K |
09:45:40 | X | 0.54 | -0.25 | 100,000 | 33 Canaccord | 33 Canaccord | Z |
12:00:53 | U | 0.56 | -0.22 | 100,000 | 33 Canaccord | 33 Canaccord |