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Bullboard - Stock Discussion Forum KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."

GREY:LGLTF - Post Discussion

KGIC Inc > Closing price manipulated down on LRN today
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Post by TechTarget on Oct 26, 2015 6:23pm

Closing price manipulated down on LRN today

You know a stock is under accumulation when someone tries to manipulate the closing price down (that impact the TA which clearly tells novices to sell here! ;-)  LOL

Stock today on higher than normal volume traded from 4.5 to 5.5 cents

A minute before closing, a TD owner pushed a sale to himself? at the bid at 4.5 cents to drive the closing to 4.5 cents instead of 5 cents with just 3000 shares or $130, cost the guy about $20 to do this. :-)  LOL

Think he's on the bid at 3.5-4.5 cents?  Yep.  Why, because this stock is worth more!




Poor people, can't find this board while the transition to the new LRN symbol? :-) LOL
No worries, I kind of like the feeling being in a room by myself knowing there's a bunch of people waiting to get in! LOL You can review my solo posts when SH shows you where the door is. :-)

Accumulated some of this new repainted LRN thing because of the massive insider buying by a new board member. I think I'll but in a big for 4.5 cents.
Comment by tmf3333 on Oct 26, 2015 8:36pm
There has been a TONNE of selling the past couple of weeks which is ironic as they would have completed their financials for Q3.  Since there is a lot more selling than buying, some insiders know what the financials are and it don't look good.  The end of the month after a quarter, you have to pay attention to the volume and what the volume is doing, in this case, selling.  I ...more  
Comment by TechTarget on Oct 26, 2015 11:22pm
So you are a holder and selling here or are you actually shorting this stock at these levels? Or just waiting on the bid? Did you bookmark this forum?  People can't get here today from doing a search on SH!
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