Post by
DJDawg on May 17, 2024 2:14pm
Usual share price and volume shifting
Nice big dump of shares with price drop.
Given how many people know about this stock and the reasons for holding, there is no reason for the big dumping at this price point now. As with before, I suspect some frustrating cross flow of shares between the same overall holder (ie. selling to oneself to drop price and scare others into selling).
No other explanation makes much sense based on timing when these happen. Plus I gather this is a thing for which venture known for.
IMO
Comment by
Alamir1111 on May 17, 2024 2:35pm
Seems to be no interest from tlt to uplist https://www.tsx.com/listings/listing-with-us/listing-guides/ways-to-list/graduation
Comment by
Alamir1111 on May 17, 2024 2:43pm
Increased access to capital Enhanced reputation from meeting the minimum standards of a senior exchange board Greater visibility – TSXV graduates listed on TSX are covered by an average of five analysts Access to institutional capital – institutional investors have invested $15 Billion in TSXV graduates Guess we don't need any of listed above
Comment by
CAinPlap on May 17, 2024 4:23pm
In the past, these types of dumps usually preceded a financing. Someone at the top of Roger's rolodex dumps shares to participate. Then a few days later or the following week, I would get my call and I would lament not being "higher up the food chain".
Comment by
riverrrow on May 17, 2024 5:43pm
A friend did a cross once accidentally within the same brokerage firm and their brokerage firm was all over them threatening to suspend their account. I imagine a cross involving two separate brokerage firms might be more difficult to detect.