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Bullboard - Stock Discussion Forum Medivolve Inc MEDVF

Medivolve Inc. is a Canadian healthcare technology company. The Company and its subsidiaries, Medivolve Pharmacy Inc. (doing business as Marbella Pharmacy) and Kedy Ying Jao D.O., a Medical Corporation, operate a distributed network of two retail patient-care locations in California, United States. It has two business units: Medivolve Pharmacy Division (MPD) and Medivolve Clinic Services... see more

OTCPK:MEDVF - Post Discussion

Medivolve Inc > Anonymous trying extremely hard to keep price around $0.20
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Post by Sarb99 on Aug 04, 2020 4:48pm

Anonymous trying extremely hard to keep price around $0.20

There can be couple of reason, why anonymous want to keep it close to $.20.

1st as company announced private placement for 15 million shares at $.20 and it suppose to be completed on July 15th.  It was never announced as completed.  About same time Anonymous drove price to about $0.08. So, we all thought, they maybe driving price down below $0.10 to renegotiate private placement at $0.10, same as first private placement. So, it is possible they want to keep price around $0.20 to compete private placement at $0.20

2nd reason could be as if you see trading data from March to July, Anonymous sold lot of share and their average selling price is about $0.31, so they want to keep the price low, hoping people get tired of relentless selling and start selling, so they can cover their short without losing any money. It seems they are working with 2-3 different brokerage account, selling as Anonymous and buying with RBC/TD/Canaccord/Raymond James brokerage account at cheaper price. Otherwise it does not make any sense.

3rd they might have some problem with management.

Otherwise it does not make any sense that we are still trading at $0.21 after all these positive updates. I am not 100% but these few things come to mind when we see trading data and try to understand the reason.  Anonymous or QuestCap Management probably know more….

House Positions for C:QSC from 20200301 to 20200804
House Bought $Val Ave Sold $Val Ave Net $Net
33 Canaccord 25,285,377 9,508,864 0.376 6,338,527 3,121,832 0.493 18,946,850 -6,387,032
7 TD Sec 15,781,962 5,412,443 0.343 10,271,517 2,973,532 0.289 5,510,445 -2,438,911
89 Raymond James 4,879,822 1,056,276 0.216 727,117 248,549 0.342 4,152,705 -807,727
59 PI 5,811,862 1,862,369 0.32 1,848,008 573,179 0.31 3,963,854 -1,289,190
2 RBC 12,525,393 3,962,545 0.316 10,418,222 2,858,194 0.274 2,107,171 -1,104,351
14 ITG 2,053,948 1,152,401 0.561 232,196 114,634 0.494 1,821,752 -1,037,767
85 Scotia 4,431,714 1,039,613 0.235 2,758,486 659,866 0.239 1,673,228 -379,747
9 BMO Nesbitt 4,377,455 1,014,091 0.232 2,768,480 693,608 0.251 1,608,975 -320,483
79 CIBC 6,544,392 1,695,491 0.259 5,317,155 1,520,840 0.286 1,227,237 -174,651
8 Eight 1,226,500 715,922 0.584 16,200 9,746 0.602 1,210,300 -706,176
124 Questrade 1,554,522 436,609 0.281 1,011,247 327,054 0.323 543,275 -109,555
88 Credential 769,515 232,592 0.302 321,575 110,409 0.343 447,940 -122,183
74 GMP 316,400 98,237 0.31 700 108 0.154 315,700 -98,129
19 Desjardins 1,171,145 305,881 0.261 900,981 302,757 0.336 270,164 -3,124
35 Friedberg 293,100 50,200 0.171 102,000 16,145 0.158 191,100 -34,055
28 BBS 897,625 182,640 0.203 814,125 190,917 0.235 83,500 8,277
70 Manulife 64,500 11,380 0.176 0   64,500 -11,380
150 Trapeze 50,500 13,395 0.265 0   50,500 -13,395
97 M Partners 50,000 11,500 0.23 0   50,000 -11,500
143 Pershing 87,546 69,861 0.798 46,818 23,077 0.493 40,728 -46,784
39 Merrill Lynch 49,455 15,097 0.305 38,715 14,411 0.372 10,740 -686
17 Integral 8,500 1,852 0.218 0   8,500 -1,852
83 Mackie 35,000 23,550 0.673 32,168 9,001 0.28 2,832 -14,549
57 Interactive 0   4,000 3,640 0.91 -4,000 3,640
22 Fidelity 5,000 1,335 0.267 17,400 14,304 0.822 -12,400 12,969
80 National Bank 1,770,825 512,659 0.29 1,809,985 643,984 0.356 -39,160 131,325
36 Latimer 70,190 28,458 0.405 203,150 62,687 0.309 -132,960 34,229
13 Instinet 3,715,447 1,216,769 0.327 3,893,200 1,161,949 0.298 -177,753 -54,820
76 Industrial Alliance 20,000 4,600 0.23 217,900 115,105 0.528 -197,900 110,505
68 Leede 133,500 22,562 0.169 687,666 223,979 0.326 -554,166 201,417
62 Haywood 887,000 179,442 0.202 4,966,100 1,570,388 0.316 -4,079,100 1,390,946
1 Anonymous 42,616,527 11,967,474 0.281 81,721,084 25,242,247 0.309 -39,104,557 13,274,773
TOTAL 137,484,722 42,806,108 0.311 137,484,722 42,806,142 0.311 0 34
Comment by MoneyGuy101 on Aug 04, 2020 10:20pm
These charts tell me. Anonymous was shorting the stock and is manipulating the price point below .31, while accumulating at a lower price roughly .21 - .22. All the while, selling at .25 ish. Needless to say, Anonymous is trying hard to reverse its course of action and aggressively while not to lose funds. In short, Anonymous is trying to go long. averging their share  price to rougly .25 and ...more  
Comment by GarlicToast on Aug 04, 2020 10:51pm
Lets look at the #'s: 4,168,983 ($1,023,572) QSC.CN shares exchanged hands today. House Bought Sold Net  House 001 Anonymous Bought $297,794     Volume 1,219,300  ...more  
Comment by Selfmaade on Aug 05, 2020 12:01am
Where do you get these numbers? Which site?