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Bullboard - Stock Discussion Forum Great Bear Resources Ltd. GTBAF

Great Bear Resources Ltd. is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. A significant exploration drill program is currently underway to define the mineralization within a large-scale, high-grade disseminated gold discovery made in 2019, the LP Fault. Additional exploration drilling is also in progress to... see more

OTCQX:GTBAF - Post Discussion

Great Bear Resources Ltd. > Weird trading today
View:
Post by richardlouden07 on Jul 21, 2020 3:44pm

Weird trading today

Today, a low of 17.41, a high of 18.74 with 17 minutes left at time of this post. Are drugs and/or alcohol a factor?
Is it efforts to manipulate?
Comment by flashcash on Jul 21, 2020 3:52pm
To me it's the algos...may have triggered a stop loss...by accident I am sure !
Comment by richardlouden07 on Jul 21, 2020 4:05pm
How is it the "algos" are allowed to exist?  That's like a person working out, becoming stronger, learning to defend themself unarmed, becoming proficient at self defense and then some one taking them out with a machine gun.
Comment by richardlouden07 on Jul 21, 2020 4:27pm
BTW: flashcash: thanks for your reply.
Comment by flashcash on Jul 21, 2020 4:44pm
Remember 75% of those traders LOSE money over time...the houses pocket the money. Gambling pure and simple. The underlying value still remains !
Comment by eatmorefiber2 on Jul 21, 2020 4:52pm
Going to put my tinfoil hat on and say that they were matched trades, which is illegal in the US, but I have no idea how the regulatory framework works in Canada/Ventures.   Here's an example: https://www.sec.gov/news/press-release/2019-101 Create the illusion of volume, depress the price of the stock, and hope it starts a stampede.  As I watch the trades go across for GBR, i ...more  
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