Nextleaf Solutions Ltd C.OILS

Large Cross Trade

[Adventurous]

As I see it, it is basically good news.

When you think about it, nothing is easier than selling. You just push the button, it's done. Bad guys would have done just that, hoping to buy back at half the price.

In this case, the broker or Nextleaf itself (more likely) has found a buyer to avoid this big dump. Someone willing to put some $200,000 in Nextleaf shares at 13.5 cents. So there are people out there, most certainly in contact with Nextleaf, who consider 13.5 cents a bottom. A bullish sign to me. Hopefully a relief to the ongoing pressure maintaining the stock between 13 and 14 cents.

[Mrbeau23]

I like that idea Adventurous.  It's sort of a financing with no dilution of Stock value.

[Gotime2]

The 1.2 million share cross is basically a meaningless trade. For whatever reason someone owned over 1 million shares and wanted to sell them. Instead of driving down the price on the open market they talk to one of the brokers involved in previous Nextleaf financing who finds a client who wants more shares, they do the cross instead of selling on the open market to protect the share price

[yc2022]

I agree 100%...

[Adventurous]

I would not say it was a meaningless trade, to the contrary. It shows Nextleaf's supporters are talking to other Nextleaf supporters. It shows there is money on the sideline waiting to be invested in Nextleaf. It might show these guys won't let the stock down. It shows we might be done with the selling of shares following the issuance of warrants. It begs the question of who are these

[Gotime2]

I have seen crosses be very significant when a promoter is hired, quite often an insider will give up a portion of their holdings in a cross at a price that the promoter believes to be low. Like the cross for $.135 last week. then the promoter does their job and if they're good, they can sell the shares at a higher price This is just pure speculation, it also could've been a transfer

[shneps]

You never know about Paul Pederson (our ex CEO) and what he is up too. He seems to be working with his wife (or ex-wife, I'm not sure) at Bluenose Labs. Perhaps he's looking for some investment funding? Who knows.