About 5 weeks back a link was published to a audio track spelling out the 10 ways in which stocks are manipulated. #1 was "Ruin your weekend". I think we saw that in spades on August 1st.
For the past 10 trading days since, this stock has systematically been lowered 5 to 10 percent each day. Ok, there were 2 UP days, but in each case this was a last minute purchase, such as we saw yesterday. Only to be reversed in the first 10K shares traded the next day.
I am watching my CIBC real time numbers and bids @ 1.36
There is only 2000 shares being bid AT THIS PRICE.
Now if that says NO CONFIDENCE, I don't know what does.
What will it take to re-instill some CONFIDENCE in this stock???