Century Lithium Corp V.LCE

CYP

[Urbani]

End of Month ... but something else is going on....

We are back into pre-Christmas territory now...

Chart has broken ...

CYP water news brought CYP upto $1.21 not to lond ago. But massive selling occured on that good news. Selling still is heavy...

Anyone at the company know where the selling is coming from? it would appear that they should ...

[yakattack]

Largest sellers since March 22.... click the link for screenshot. https://prnt.sc/13g0so4

[MaximumPlaid]

So we agree they should have taken the Tesla M&A deal. The management is good at marketing research and to their benefit they got some water rights. We are moving towards execution and all they know what to do, is look at this PowerPoint.

[LithiumOne]

Just got off the phone with cypress and obviously talked about the selling.  They said it is PI.  THey said the  large majority of that anonymous selling is PI.  They figure about 9 million shares they sold off since the financing closed.   If anyone is worried about the project or investment I would just call them.  Sure beats guessing and making assumptions.

[Specific]

So..............they're selling 1.25 shares and waiting for the sp to rise and put their 1.75 warrants in the money ?

[Hopeful123]

Can you trust them..look at their track record..not based on assumptions but their history.

[LithiumFuture]

Hey LithiumOne. Thanks very much for that. Not surprising that PI is behind all this. I'm not worried but have a few questions. Did CYP explain 1) why PI is selling $1.25 shares and deiberately losing money? 2) Are these PI's own shares that they got at a discount or their client's shares? 3) If their own shares, how many did they get? If nine million sold, how many more to go?

[GoalLine18]

All valid questions.  The only "positive" in all this may be that PI is taking a short term loss to drive the stock down by continually selling.  They have volume to make this happen.  By selling and driving the stock down, they may be influencing others to sell, further dropping the share price. Gives them the opportunity to re-buy at the bottom (which they can larger

[northernbass]

Interesting theory. In Canada i think you have to wait 30 days before buying back a security and be able to declare the loss... not sure if that would fit in your theory.