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Re: Scope08 post# 87684

Tuesday, 12/21/2021 6:47:08 PM

Tuesday, December 21, 2021 6:47:08 PM

Post# of 203983
I agree with your thinking Scope. I use to own a stock that one large institution had to sell in a hurry as they weren't compliant with Canadian TSX 10% limits. So this institution had to sell blocks on the other market as the market share price did drop significantly down on TSX exchange until they finished.

Bottom line is that Lightwave's trading is doing the complete opposite action. Off market trading (deep pool) where some institutions unknown to us are trying to get in as gingerly as they can (although it is very obvious), as Lightwave ran up from 14s to $20, before they cooled their jets a bit on price with the help of an -8% nasdaq pullback, while Lightwave closed at 17.46 (~19% gain). That's a 27% delta! We are being consumed for a reason most of us mostly know (pending partnership production deal(s). Just a question of what and where, and how big. Back to my Tres Amigos tequila. wink
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