Re: Canaccord appears to be supporting the share price

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kooter33

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Re: Canaccord appears to be supporting the share price

posted on May 15, 2015 11:10AM

IMO, Canaccord is supporting the short interest. It may be a fact of them buying into the market to cover the short position before the long weekend in Canada. I was always of the opinion that TDW 007 was the one of the supporting MM's.

If Canaccord is now buying who was doing all of the selling this AM to get the price down to $1.42?

Once the seller is finished unloading (PNP??) the share price should rebound quite nicely, as there does appear to be buyers waiting in the wings. Shorts?

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