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Bullboard - Stock Discussion Forum BlockchainK2 Corp V.BITK

Alternate Symbol(s):  BIDCF

BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company’s portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game... see more

TSXV:BITK - Post Discussion

BlockchainK2 Corp > Today’s Trading
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Post by MustangSalley on Aug 27, 2021 3:03pm

Today’s Trading

The trading is between same parties or related parties it seems.  There are no retail traders here imo. The objective is to push and maintain the price here . If algos associated the share price with Bitcoin then this shoukd be much higher .   


They are trading amongst themselves pushing the price down .  Why is it down today 14% on no news and on such large volume . Always NB, TD , no retail investor is going to trade 1 or 50 shares . The commission costs more . Something is going to give and soon. 

Anybody call management ?

Comment by MustangSalley on Aug 27, 2021 3:40pm
Who buys 1 and 7 shares ? 45 cent trade,  $2.90 trade That's Canadian dollars too!   This is being manipulated ..... big time . Ms Sally 
Comment by enlcan on Aug 27, 2021 3:56pm
I beleive the trades are a partof the strategy, pngoing for months to get the price down so the shorters can cover and profit. I lie mustang dont think the trades are real in the sense they are being swapped between these large holders. All that has to happen is a real PR drops and the buying pressure will be there. I said months ago I was going to stop watching this one for now unfortunately it ...more  
Comment by enlcan on Aug 27, 2021 4:04pm
Correction they have traded 450k if they are real trades.
Comment by MustangSalley on Aug 27, 2021 4:15pm
Enclaves, Ceo has bought in market and exercised his options . Management holds all of their shares . Let's see what happens next month after summer doldrums .  Realblocks investment shoukd translate to multiple dollars in Bitk shares imo.   But large volume today with usual suspects with no news .  
Comment by enlcan on Aug 27, 2021 4:28pm
Agree with everything you say. Waiting for the Fall and the Realblocks announcement. Cheers.
Comment by Stockhousemoney on Aug 27, 2021 4:52pm
I have to admit that they went out of their way today to bring down the price of the shares. they want to keep the price down so they can do a cheap financing at artificial low price. But management are smart, they are not sold a single share, even they put their own money by exercising their right to purchase options to finance projects and therefore not to make a pp. Shake the trees before there ...more  
Comment by MustangSalley on Aug 27, 2021 10:02pm
Stockhousemoney, I agree with you totally . Realblocks deriskes this investment for me . I am holding long . I hope I can add at these prices next week.  They sure went out of their way today to push it down . Something is going to give here eventually. Ms Sally
Comment by rixpix on Aug 29, 2021 8:51pm
Ms Sally The investment in Realblocks is not a secret. Every investor and pot. investors know about it. What's not a secret is BITK being down 22% this month. That's never a good sign, especially when volume increases on down days. If bad news is announced this week it'll mean that news was leaked out and that's never a good sign for a company.
Comment by rixpix on Aug 30, 2021 12:59pm
Broke off of 45 cents. Next floor 30 cents. Come tax loss season in Dec i can even see us making new 52 week lows. And if there's bad news on the horizon that only a few know of now, we'll get down there even sooner. SMH.
Comment by rixpix on Sep 07, 2021 5:23pm
Next floor, 30 CENTS. If the CEO and insiders were buying in the 70's,there's no reason not to buy here, right? Right? If they don't buy at these levels, I don't see any other catalyst to hold up the SP. If we trade like this till tax loss season, (DEC) I won't be surprised to see BITK make new lows.
Comment by MustangSalley on Sep 07, 2021 5:28pm
Ripix, The sky is falling , the sky is falling.    Why don't you buy ? Or better yet sell your position if you think it's going lower sbd stick to your blue chip stocks . MS
Comment by rixpix on Sep 07, 2021 5:44pm
MS When the sky is falling is when I usually make the most money. Your answer for everyone when you don't like what you read is to tell them to sell. Very mature, and very monotonous!  143 thousand shares traded today and the stock went down over 8%. Was that also because of trades consisting of 2 and 5 shares each? No, I won't sell or buy more now. I'll buy more after Dec 15th ...more  
Comment by MustangSalley on Sep 07, 2021 6:14pm
Ripix, The stock is not being sold because of tax loss selling . It is being manipulated down just like Sva to force a bad financing imo. The net shares between all houses will show neglible amount  of volume that actually occurred. I know it is a diffficultbconvept for you . Why don't you scale in your buying until Decemeber? MS
Comment by rixpix on Sep 07, 2021 6:28pm
MS Pay attention. I never said the shares are being sold because of tax loss selling. Tax loss season is still 3 months away. I said I'll buy more during tax loss season, (DEC) if the sp is still down here or less. I have 70 thousand shares, no need to scale in more buying. If the shares rise from here, even better. I don't need more. And FWIW, try spelling my name correctly. :) 
Comment by MustangSalley on Sep 07, 2021 6:54pm
Ripix, Have you tried contacting management to get any answers ? MS
Comment by rixpix on Sep 07, 2021 7:12pm
MS In order to get answers you must first have questions, which I don't. If you have any questions, knock yourself out.
Comment by rixpix on Sep 10, 2021 2:21pm
Well,,, here we are. Fell to 30 cents way sooner than i ever expected. And it's not even tax loss season yet!! DO I HEAR A QUARTER?!?
Comment by woundedknee on Sep 10, 2021 4:27pm
This is all I need after losing 120k on Antibe. Got to hold this and hope it recovers. A long way back to 68 cents.
Comment by rixpix on Sep 10, 2021 6:17pm
WK I don't understand how you can chase it up and buy more shares in the 60s when you already had shares in the 70s. IMO, If you want to buy more shares you should wait till December, but only if the SP is here or lower. That's what I'll be doing. I won't buy any more shares now no matter how low the SP goes.
Comment by woundedknee on Sep 13, 2021 7:47am
I've bought a bunch at 52 cents as well. Why wait until December? I suppose you're talking about tax loss..well all my shares are in TFSAs and if the opportunity arises I will not wait until December to buy more. Right now I'm waiting to grab more in the forties and fifties, but not down here. I'm sure this is a take down to buy a cheap PP. Don't seem to be able to get any ...more  
Comment by enlcan on Sep 11, 2021 10:07am
Rixpix you're kidding right! You think this is real, these shares are being swapped between NB and PI, anybody selling their shares now is very foolish. 
Comment by rixpix on Sep 11, 2021 10:41am
Yes, of course. I'm Kidding..... We can't buy any shares at 33 cents because it's not real. It's really 75 cents but we're all dreaming. SMH... Enlcan, no one cares who these shares are being swapped between. Bottom line is the closing price was 33 cents and total volume was 225 thousand shares. That means that if you or i wanted to sell our shares we'd get 30 to 35 cents ...more  
Comment by MustangSalley on Sep 11, 2021 3:31pm
Enclan, Very few real shares have traded.  They have shaken the tree so hard that they are only trading among themselves . Net shares actually traded that are real are small perhaps only 10% of the actual volume imo. WK ..you bought this before and made good money . Nothing has fundamentally changed with the company to justify the drop in share price.    When is the AGM ...more  
Comment by enlcan on Sep 11, 2021 7:26pm
MS,         I wholeheartedly agree and why would anybody sell at this level. I think the AGM was mid year and I will confirm and post. When you buy something like this you have got to know there is limited liquidity and this one has benn frustrating. Eventually the shorts will have to be covered and we will see what happens then. JMHO.
Comment by MustangSalley on Aug 30, 2021 1:44pm
There is no fundamental change in the company Ripix. I spoke to management . It's same players selling 2 shares at a time in some instances .  CEO just bought a few hundred thousand shares in the 70 cent range recently and cashed in his options . Now why would he do that ?    Ms Sally   
Comment by rixpix on Aug 30, 2021 4:19pm
MS, how can you say that 2 shares at a time are trading when half a million shares changed hands on Friday and another quarter million today. Usually less than 100K BITK shares trade daily. Friday and today were not normal trading days. To say the CEO "just bought in the 70 cents range" is completely false. SP hasn't been 70 cents since mid June. I wouldn't call that, just ...more  
Comment by MustangSalley on Aug 30, 2021 4:30pm
Ripix , stop pis@@ing your pants . You did the same with Sva.  My point is who sells a single share or 2 shares . The commission alone is more than the trade value. The volume is recycled . Ripix you are so emotional. Management must file within 5 days as an insider from the date of their trade.  So in next 3 days look at insider trading and see if mangement has sold anything .  ...more  
Comment by rixpix on Aug 30, 2021 10:01pm
Crying like a baby, pissing in my pants.... LOL... I don't know how you get that out of my post but that's okay. That shows that you know nothing about me. If i want to complain or question something, I will, and if it slides again tomorrow with their financials out, I'll complain again. Over 750K shares have traded in the last 3 days, and you say 2 shares at a time are trading. In ...more  
Comment by woundedknee on Aug 30, 2021 4:46pm
The ceo didn't sell when it was above two bucks and it's hard to believe he  would sell now. jmo There has been no news for some time and penny stocks are news driven. I lost 120k on Antibe and now have 120k shres of this one averaging 65 cents. I'm waiting for this to turn and will buy more.
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