RE:RE:RE:RE:Solid 1st Q and B credit rating...and sp beaten down???Dreamer - The only thing that could change the way trading is done in Canada is to have tons on people complain about.
Ufortunately, my impressions is that, for the majority of Canadians, this issue is not important enough or considered 'a problem that only impact rich people' at worst.
That being said all changes have to start with one single action. I do believe that groups like the MEDAC here in Quebec and some others are already fighting to good figth for non-institutionnal shareholders. I'm sure there are other groups like MEDAC in Ontario/Other Canadian provinces.
link is in french..
Appetit pour reforme legislative vente a decouvert 2019 dreamer05 wrote: Sham, and other fellow long shareholders, we all know that the sp of Bomber is controlled by the MM. They have the money powers, the knowledge of loopeholes to force the up and beat down the sp at will, to their fenifits. Unless we, the retail shareholders come together and make a formal complain to the regulator to change the trading rules. The upgrade rating of all analistes of on the true value of the Bomber ( aound$80-$100) means nothing . Many years ago I had the chance to visit the MM at Work at the Victoria building in Montreal. There were a few of them. Each of them , with a hand pressing on the button, accepting buying and selling without stopping. They knew who the callers were. They own some of them. The callers offer different prices, lower or higher than normal, thus driving down or moving up the price at will but still holding the same numbers of stocks. All the MM do is to press the botton to accept or refuse the caller's price. It gave the impression that the trading market is currently way down, contrary to the real financial situation of the company (Bomber ). Just look at the recent financial release of the Bomber, everything is improving, in all catalgories. However the sp goes the opposite way, a drop of >$12. , a pure manipulation. This will happen again before any future quarter financial release, regardless any excellent results. It is up to us to overturn this phenomena or just accept the way it is, that is, there is nothing we can do! or, there is?