Post by
Archmedia on Apr 29, 2024 1:06pm
Completely Unacceptable!
I worked as a stock broker for 25 years and a trader for 10 years and this new financing is completely unacceptable. When I was at Canaccord Capital we would support the stock and come out with a new financing stock price that was calculated with an average trading price over several weeks. In fact I think there are strict guides that must be followed for new financings. Three weeks ago I started complaining of unusual high levels of anonymous trading code to investors relations with them answering me back that they dont know why !. Last week obviously I was on top of them with answers that they are looking into it..lol . What a joke ! . Pushing a stock down 50 % to accommodate the news detainers of the new financing is . With my over 30 years experiences . border line illegal or maybe it is ! Anyway , I did a formal complaint to the regulators and I was told they would be looking into it. I wont say more for now. 1,8 millions shares on the asking side at this moment. Ahhhh! The supposedly helium boom . Desert mountain Energy, First Helium, Royal Helium and many more.a complete joke. Obviously I missed the large Minnesota discovery .
Comment by
Margin321 on Apr 29, 2024 2:33pm
Totally agree. Inexcusable. I added some of my own thoughts in a separate post. .