Replies to post #29022 on Cannabusiness Group Inc. (CBGI)

[PhantomRecce]

Question... does anyone know if VNDM vanished just before the 2.71 Million buy at 3:17 and 3:18 PM? Were they shorting the stock to set up this single purchase at the lowest possible price?

Looking at the low volumes and the Candle Chart surrounding that time frame, this appears to have been a single order that was placed at 3:17 PM and ran from a low of .1052 up to .1123 before the entire order could be placed at 3:18 PM. The entire transaction shows up on the charts as a sell on the asking price.

Interestingly, that single purchase represents fully 20% of the days trading volume for CBGI. Does this set the new level of resistance for this stock?

And why is someone, out of the blue, putting nearly $300K into this investment? Inquiring minds want to know...