Post by
SgtFriday on Nov 18, 2021 3:51pm
Bankers
Let me ask all of you. If i was an institution and wanted to buy 5M shares, how much might that cost me, by the time I fill the order? How high does the price get to, if just BUY? How much can I afford to lose a couple of pennies at a time (buying and selling 500 shares at a time) (BTW, who buys 100or 500 shares) and keeping the price stable? What would you do if you wanted to buy 5M shares? 10 years I've been waiting. No tax loss selling, unless you bought that 1 week this year it went above current prices. Then who risks the windfall (that can happen anyday now to March), to save a couple of dollars in tax??? Banker, they have us by the B*!!$.
Just my 2 cents.
Comment by
SgtFriday on Dec 02, 2021 3:51pm
Someone is deliberately trying to keep price down. With all the good news coming, why would anyone sell. My guess is Bankers, institutions, or other players keeping price down for a cheap buy of one or all of our properties.(my guess, in the next 3-6 months). Whats your price???
Comment by
DoumDiDoum on Dec 03, 2021 10:19am
Some technical analysis gurus agrees with you: SGS Key Charts, Signals, & Analysis Dec 2, 2021
Comment by
DoumDiDoum on Dec 03, 2021 10:23am
Same here. I still have some ca$h available to buy another 20k. I'm just waiting to see if I can average down the 20k I bought 2 weeks ago at 70 cents. But in this tax loss period, there are also other opportunities right now so I might shop elsewhere too! I'm patient.
Comment by
MAKEITBACK on Dec 03, 2021 12:15pm
I think we may see more downside until Jan 1 when Basil 3 kicks in in London. Anaconda has actually stood up well compared to oters like ESK and NFG, but all gold stocks under attack now. At some point I think there will be a massive short squeeze in gold stocks generally. Could hopefully be ths month.
Comment by
longagau2 on Dec 03, 2021 2:18pm
Basel III was supposed to kick in in London on Jan 1. But guess what happened.... https://www.reuters.com/world/china/britain-carves-out-exemption-gold-clearing-banks-basel-iii-rule-2021-07-09/
Comment by
MAKEITBACK on Dec 03, 2021 4:02pm
It is my impression that Europe rejected the extension and Basel III is back on. However, nothing surprises me in this business.
Comment by
SgtFriday on Feb 04, 2022 10:29am
Just wondering, would red flags come up with SEDAR if they were recycling shares to keep price where it is, or lower? If legit...how many shares do these people have to liquidate? We have too much upside, for anyone to unload (IMHO). Maybe margin calls???? Any Thoughts?
Comment by
VillaManya on Feb 04, 2022 11:12am
If it's a margin call it won't be because of Anaconda - shares are usually eligible for margin only when their price is >$3. So no-one is securing any margin with ANX stock............