http://seekingalpha.com/instablog/1107010-edward-vranic/2647711-looks-like-a-fund-imploded-today
In case you're wondering if one of your holdings is going under, you're not alone. Lots of dumping on the Venture today. Mainly exploration stocks as usual. Anonymous and Canaccord were the main culprits. Looks like another fund imploded today. Have a look at the top volume traders. this is some of the highest volume I've ever seen and all but one is red or even. It's as if the TSX big board dropped a thousand points or something. But we know what it is, just another day of suspicious trading in TSX Venture penny stock land.
Well yesterday I saw this very strange trading in many stocks, BMK was just one stock of many, some Fund really needs money and selling everything without any reasons. So I will say that there will be no negative news from BMK. Unfortunately this stupid Fund dumping hurt stocks a lot because it kills healthy upward movement. I hope not to see this kind of suspicious trading any more in this criminal exchange.
GLTA