Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > On the subject of manipulation - its BS - now read from deck
View:
Post by unclebobie on Jun 25, 2020 12:34pm

On the subject of manipulation - its BS - now read from deck

Question # 3: Is there stock manipulation occurring? GLH is not aware of any purported stock manipulation. There are over 860 M shares outstanding in GLH held mostly by retail shareholders. No one party that holds more than 5% of GLH.   Retail shareholders, may not understand that the shares offered for bid and ask on the indexes they can see are not the only place that buyers and sellers can transact. There are trading platforms available for large volume traders that pay for the right to keep their trades hidden. A retail investor will not see these bids or asks unless they too are paying for this. Dark pools exist. This is legal. Professional traders are happy making small gains on large volume of stock and often times trade in the grey markets that retail investors can see. That is not manipulation. Particular broker dealers are mentioned often in the chat rooms. Once again, please remember that retail shareholders make buy and sell orders through their own individual retail broker dealer or discount broker. A dealer may have hundreds of advisors selling shares for their individual clients under the same dealer code.   It may not one specific party buying or selling. Ultimately, if there are more sellers below the current trading price than buyers above, the stock will always trade in narrow bands and not rise.    I typically ask shareholders, if retail investors can acquire the stock at $0.015, why would they pay $0.02 and so on. Until someone is willing to pay $0.05 to clean up all of the stock offered below that, the share price will remain low. When stock is no longer offered for sale, demand will drive price up. If there are irregularities that shareholders can prove, I encourage them to share it with regulators. In the absence, negative commentary in chat rooms are not productive. At a certain point in time, perhaps consider selling instead of resorting to other methods.
Comment by Puffdragon6969 on Jun 25, 2020 3:57pm
exactly what I have been saying for a while.   
Comment by SlyestFox on Jun 25, 2020 5:25pm
how is it that every single time the stock is about to go up, that there is a massive dump of shares either at market value or lower than market value??? Did they answer why they refuse to answer ir emails or phone calls?? Orwell literally posted that investor group that sold all their shares because they couldnt get a hold of anyone at the company.
Comment by daveinvestor on Jun 26, 2020 10:22am
Actually they did and you had to read between the lines. We may not like the explanation but I believe it to be accurate. If no single party holds more than 5 % of GLH it would make it hard to manipulate.   
Comment by Orwellian1984 on Jun 26, 2020 11:25am
I do not agree on this Dave or better to say not convinced. But I am ready ro be convinced if once instead of hand shaking arguments one of them agree to have a serious conversation without negative attitudes. 1. Do they really need 5% to manipulate? Do they need to have shares to short? What percent of precious metals does JP Morgan have? JP morgan manipulation 2. But there is one player ...more  
Comment by Orwellian1984 on Jun 26, 2020 11:34am
That being said, I think GLH is undervalued and it is why I invested in. At least I am happy with the recent financial improvements and glad to see the current bullish momentum although in its infancy.
Comment by SlyestFox on Jun 26, 2020 1:09pm
them not answering investors is enough manipulation...what was the investment group that you posted before that dumped all their shares at 10 cents because they couldnt ever get a hold of the company? Their silence lead to a massive dump off from that one firm alone. Who knows how many others have done the same because of managements lack of communication??? And you dont need more than a 5% share ...more  
Comment by Orwellian1984 on Jun 26, 2020 2:53pm
I agree and it is why we made the letter. However, I have repeated myself enough. Now it seems there is a start of an optmicitic momentum in the market and I do not want to damage it. So I will stop posting for some time and cross my fingers. Hopefully the management further succeed in their reform and the market becomes more normal.  Just trying to think positive. Maybe, management not ...more  
Comment by Puffdragon6969 on Jun 26, 2020 3:24pm
I believe it's the opposite. 5% is 43 million shares. Anyone above it would probably hold tightly. A couple people with 25-30 million would easily manipulate this stock and not trigger the 5%+ holder submissions it would require. 
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities