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Bullboard - Stock Discussion Forum GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.

ARCA:BAR - Post Discussion

GraniteShares Gold Trust > Echelon wealth partners Inc.
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Post by alleyesonme on Apr 14, 2021 11:36pm

Echelon wealth partners Inc.

Iv noticed this week the bulk of the selling has come from echelon who participated in the underwriting of the recent bought deal... it's certainly eyebrow raising...are they taking advantage of low volume to manipulate the price lower to then build a position on the backs of impatient, spooked investors? ...seen this happen before...highly doubt they're bearish, or have inside information..UGE management has integrity.... I'll be watching, don't be fooled into selling your shares on positive news!!!! Big money brokers are a sneaky bunch who play dirty...always know that's the truth!!
Comment by 1condor on Apr 15, 2021 11:48am
No worries alleyesonme...the stock has now stabalized and downside is very limited. Would be nice to see a close above 2 bucks today or Friday.
Comment by alleyesonme on Apr 15, 2021 4:09pm
Thanks condor...not worried just interested in watching the trading activity..Echelon especially who holds warrents to purchase at 2.65 dumping over 13'k shares today alone... what's their angle..Time will tell..and I'll be watching...three new project managers onboard the UGE team...execution will be under scrutiny moving forward ... they must move quicker to keep pace with new ...more  
Comment by alleyesonme on Apr 15, 2021 4:21pm
And actually closer to 20k shares today dumped by echelon..the good news is they should be getting near the bottom of their bucket lol
Comment by kidsactuator on Apr 15, 2021 9:08pm
Where does one see these things?
Comment by alleyesonme on Apr 15, 2021 9:40pm
Stockwatch.com, money.tmx.com...
Comment by kidsactuator on Apr 15, 2021 11:57pm
Thanks. It is wierd that they're selling. Perhaps there are concerns about the rapidly rising polysilicon prices and its near term effect on solar developers.
Comment by alleyesonme on Apr 16, 2021 1:54am
Yeah..it may be their way of managing risk within their portfolio. I initially pointed this out because it could be an attempt at manipulation to spark additional downside to then start buying at a lower price. Like I said before iv seen this type of behavior in other micro-caps. Honestly, I have a little too much time on my hands these days lol. At the end of the day I'm not concerned and am ...more  
Comment by 1condor on Apr 16, 2021 3:48pm
The 1.80 level is definately a good entry point/or add for the stock. I just finished adding to my full alotment today. I suspect a turn next week and back into the 2's.
Comment by BCdude on Apr 16, 2021 4:09pm
I bought a bunch at $1.80 as well, with recent purchases averaging $2.02.
Comment by alleyesonme on Apr 16, 2021 4:12pm
Sweet deal man..I admire your patience..this probably is getting annoying lol, but those dodo's over at echelon are beginning to piss me off..they spent the first few months of 2021 convincing others to buy at 2.65 (bought deal brokers) and now their dumping at 1.80. It be pretty ticked if I was brought inn on that deal and saw what was happening now (pretty damaging to their reputation ...more  
Comment by 1condor on Apr 16, 2021 5:14pm
Fully invested now in UGE...now the waiting game for the turnaround. It wont be long before it does. Enjoy.