Chesswood Group Ltd T.CHW

Anyone else here?

[shawshank2]

Anyone else invest in this? By the level 2 i would think there are no other retail shareholders

[Cynthia89]

I am heavily invested at 9.56 a share. An update would be nice. The company has been very quiet. I was expecting something from the new CEO. 

[shawshank2]

Agreed...anything like " hey collections are good etc". Volume is drying up

[Cynthia89]

Volume was picking up for a bit last month. Was that insiders? There needs to be more news to catch investors attention. Will the dividend ever return? If not what it was but something to entice investors to want to buy this stock. 

[shawshank2]

Last month the only ones buying were insiders

[Cynthia89]

I'm sure the new team has a good business plan. Hopefully we hear something soon.

[shawshank2]

Tbh i would prob look at other plays to recoup your loss. This is one of the most manipulated pos i have come across in my opinion. When you place an order you can literally see bids/ asks change. I dont know if they will run it up or keep it down for a while. Either way noone has interest in it. Good luck.

[shawshank2]

To clarify i think the team is good but there is little volume and very irregular trading action which makes it a watch for now. I have no proof of manipulation it is just my opinion. I imagine once there is positive developments there may be more stability/ interest in this.

[Cynthia89]

I will wait and see when the next communication comes out and where they are then decide what to do with my investment. Management wouldn't be buying stocks if they didn't believe in the company. Hopefully we hear something sooner than later. 

[TickerTwit]

A few years ago I documented a pattern of price-and-bid-volume movement with CHW that indicated a layering scheme. The pattern is simple -- if you see 1000 shares listed on a bid or ask and you accept for the full 1000, 900 shares will suddenly be pulled away to a slightly worse price before your order completes, and this will repeat for as long as you are willing to chase successive lots of 100

[shawshank2]

Thanks for this. I have noticed alot of stocks epsecially those with low volume seem to tick up or down in lots of 100 which i assume is always algo. I have a feeling canadian markets are in large part being driven by this right now as alot of money has left canada for us market. It is very frustrating and we all know how effective iiroc is. Prv.un is another one being heavily influenced right now