Post by
pennylane101 on Apr 22, 2023 11:32am
Jumping Ship...
Someone jumped ship at 15:59:59 yesterday with 100 shares bringing the Ret share price down to $3:00
Comment by
nozzpack on Apr 22, 2023 6:49pm
Happens every day in the last few seconds before closing. Price is being contained by management for their stock options .....Dip, dip , dip.....
Comment by
pennylane101 on Apr 23, 2023 9:53am
Possible. All I know is that someone at CIBC ( a trader?) did exactly the same thing on Friday to three of the stocks I'm in. They sold 100 shares of IDG at 15:59:59, 500 shares of FP newspapers at 15:59:59 and of course, Reitmans 100 shares at 15:59:59. It's so weird. My thinking is they're trying to keep the price down so they can load up.
Comment by
sorrenson on Apr 24, 2023 11:23am
Welsome to the third world called Canada. Home of white collar crime and zero enforcement.
Comment by
filoux004 on Apr 23, 2023 11:23am
Please explain, they issued a truck load at 1.5$ why would you want want to contain a low price. Unless you think the Co wants to issue more options??! Your input is appreciated. Long ret.a DD and glta .
Comment by
nozzpack on Apr 23, 2023 1:18pm
They have 650,000 options to be priced for approval at the June 2023 AGM. Anon and CIBC are coordinated wash trading houses that are used extensively to wash trade the share price downwards for shorts to cover and for option price manipulation
Comment by
filoux004 on Apr 23, 2023 5:48pm
Thank you for yr input, was not aware of new options being authorized ... The games bay street plays. As long as ret.a keeps delivering I can't complain against caviar being served to mgmt.
Comment by
Torontojay on Apr 23, 2023 8:13pm
Market manipulation at its finest. The closing price is the advertised price until at least the market opens the next day.