TSXV:YORK - Post Discussion
Post by
smallcinvestor on Sep 19, 2024 2:15pm
Canadian venture market
Dear Save Canadian Mining Supporter, It is staggering to think what the Canadian capital markets have experienced over the last 20 years: - The S&P/TSX Composite index has increased around 200%.
- The S&P/TSX Venture index has decreased over 60%, in the same period.
- The S&P/TSX Venture index, since its high in 2007 to now, has dropped by over 80%.
Of course, there are ample reasons that have contributed to this dichotomous reality. But the one key factor that has not gotten attention, flying under the radar, is the destructive, damaging, and despairing strategy employed by unscrupulous financial market players and institutions looking to knock down stock prices continuously. Yes, we are talking about Naked Short Selling, which has cost Canadian companies over $1 Trillion dollars of market capitalization. This has been a silent contributor to the negative impact on junior companies, microcap, and small companies, which exist on the TSX Venture, CSE, NEO, and alternative markets. The unfortunate part about this reality is that it is hurting the true birthplace, development, and growth of real entrepreneurship. It is that one environment in our society that creates employment, builds communities, fosters relationships, expands economies, & produces tax revenue. We need to protect the existence of this Canadian identity and institution from predatory short selling. Market fairness, transparent standards, and equitable regulations are needed to continue delivering prosperity in Canada. It will require all caring Canadian citizens banding together, as a collective voice, to PUSH HARD industry regulators, market participants, financial institutions, and government officials on the virtues of a fair and level playing field for ALL companies. For more information on the current status of the fight against Naked Short Selling, please listen to my Agoracom interview where I address the reasons for understanding the problem, identifying the culprits, clarifying the priorities, appreciating precedence, and encouraging us all to act, NOW. The health, integrity, and sustainability of our financial markets depend on this. Naked Short Sellers … “You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all of the time." (Abraham Lincoln) Yes, we are not going to be fooled anymore. It is time … the BIG PUSH is on! Regards, Terry Lynch terry@savecanadianmining.com Save Canadian Mining | |
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