Post by
guyf1963 on May 27, 2020 11:31am
Let the games begin
Is this the start of selling the january PP
Comment by
dart321 on May 27, 2020 11:37am
Brokers share will be sold first, they never hang around. Then when it starts to drop the rest will panic and start selling. watch for anon to start stacking the offers then you know the loaned shares are likely being shorted. They sure are having a hard time filling the PP even though it's priced miles below the present share price. Indicates to a person nobody is trusting these guys.
Comment by
dart321 on May 27, 2020 12:13pm
the last minute of every trading day look for CIBC or anon to hit the bid to bring the share price down. They have been doing this for some time now even if they have not traded the stock all day.
Comment by
guyf1963 on May 27, 2020 12:48pm
That PP had mostly BC people, and a US one. Key note was that the PP was not registered under 1933 US security and most here knows what that means for that US investor. So Selling it quickly with more than 100% return to jump in the 0.50 PP to fully subcribe it.
Comment by
dart321 on May 27, 2020 12:48pm
something else, if this sell off happens which is more likely than not look for anon to stack he offers up pushing the share price lower and lower day after day until they reach the bottom which in my opinion is between 31 cents and 35 cents. The question I have is are they going to loan their shares out again?
Comment by
dart321 on May 27, 2020 1:17pm
More info, those anon offers starting to stack up are most likely ice berg offers. The 2000 offer is much more than it looks as is the 1000 share offers. I would suggest if anyone ever decides to buy this I would never buy an anon offer.
Comment by
guyf1963 on May 28, 2020 4:27pm
You called it. CIBC strikes again. Que sera sera with their games