Bullboard - Stock Discussion Forum Martello Technologies Group Inc V.MTLO

Alternate Symbol(s): DRKOF

Technology Information Technology Services

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company's segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is... see more

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TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > Too much selling

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Post by stingray88 on Nov 06, 2020 1:20pm

Too much selling

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Comment by #chickendinner on Nov 06, 2020 2:01pm

Is it still anonymous doing all the selling? Only 500,000 shares traded so not too much selling, just not enough buyers. Feels like there's one big buyer doing the buying and they don't need to pay up as frustrated investors keep givin shares up cheap

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Comment by jermoguy on Nov 06, 2020 2:12pm

Sorry I am confused (as usual) - how can there be too much selling and not enough buyers? Wouldn't a sale by nature imply that there is someone on the other side doing the buying?

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Comment by stingray88 on Nov 06, 2020 2:27pm

ha ha yes of course. What my definition of selling is ( a lot of volume coming out without sh prices increase). Some may even describe it as wash trading. Giving the illusion of volume and interest. The closer we get to quarter end the last couple of times, I was convinced the company or MM would rummage up interest with buy on spec, sell on news. It hasnt happened (twice now). I think they are ...more

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