Post by
westcanpride on Feb 02, 2022 10:05am
Guess finding 177m ft means nothing to the share price...
I truly thought CGX would have surpassed $5 CAD yesterday, just on momentum alone (hell, it should have.. over 5 million shares traded on a thinly traded stock like CGX, to only go up 30% is a joke I think, especially on major positive news)... well, it was well on its way until the money managers decided to play games again. Look at how the price magically stagnatted at $3.65-3.75 CAD for close to 4hrs yesterday despite over 2 million shares (all exchanges) traded at this level. Everytime it wanted to go up, new 50,000-150,000 share walls magically appeared. Then this morning, a 10% drop on less than 500,000 shares traded in the first 15min... yeah, totally natural.
Comment by
FatsDomino on Feb 02, 2022 10:08am
you should look deeper into why this stock went from 90 cents to $ 3 BEFORE any results were released. There are many red flags here. I would be asking questions of all the stock twits and twats that were pushing this so hard.
Comment by
soulfire on Feb 02, 2022 10:17am
wcp this will happen everyday now until they get their fill, only then it will move up. Where is IIROC now? it went down 10% Give it a few days
Comment by
Coloradobuff on Feb 02, 2022 11:15am
https://financialpost.com/investing/the-secret-trading-strategy-from-the-1930s-that-hedge-funders-dont-want-you-to-know-about this is exactly what's happening WCP. You have to spot the patterns and buy accordingly.
Comment by
Coloradobuff on Feb 02, 2022 12:43pm
If the stock drops back in the 2$ could be a good add, as it's de-risked IMO. I like she drills analysis very thorough and makes sense. As far as all the negative and short people on here not really interested in their opinions as not unbiased.