Post by
Davinator on Apr 08, 2024 10:25am
Someone is trying to control our SP right now...
https://money.tmx.com/en/quote/XTRA/trade-history This nonsense continues today. 500 shares selling EVERY MINUTE OR TWO from Morgan Stanley Canada. Price goes up a cent, MS sell immediately brings it back down. WTF???
Comment by
Zoom222 on Apr 08, 2024 10:47am
Totally sucks!! So much time and energy invested into this company. Averaged down over the course of the past year or so since Evans turned the ship around. The big guys totally own stocks. My Canadian stocks are all being manipulated despite being solid companies. Naked shorting is a big issue in this country and has cost us all bigtime!
Comment by
notacasino on Apr 08, 2024 11:19am
This has been going on since last week. The big question is who is doing this, and WHY? Is it a shorter who is playing games trying to get the price down a few pennies?
Comment by
Nightstocker on Apr 08, 2024 11:43am
Penny stocks that have no positive news for extended periods of time and low volume can get toyed with pretty easily. Unfortunately, we are totally in that category right now.
Comment by
Davinator on Apr 08, 2024 11:50am
But Night, who has the inventory to keep selling 500 shares EVERY 2 MINUTES??? They're never on the buy side. Only selling??? 90% of the volume from the last 3 days has been these 500 share Morgan Stanley sells every 2 minutes. This is totally bizare???
Comment by
Teflon2Hype on Apr 08, 2024 5:01pm
"who has the inventory to keep selling 500 shares EVERY 2 MINUTES???" MSGS
Comment by
Rick311 on Apr 08, 2024 6:11pm
they would have to disclose it, they have not
Comment by
Rick311 on Apr 09, 2024 6:58am
They usually report insider sells/buys within a week
Comment by
Davinator on Apr 09, 2024 7:11am
Insider sell at EVLV on April 1st was reported on April 3rd. All these blocks of 500-share sells started on April 4th.
Comment by
Nightstocker on Apr 08, 2024 2:39pm
Sorry my bad, two small venues back in January. Still pretty pitiful for a company supposedly getting numerous contracts per month.