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PutzMueler

09/17/23 10:49 AM

#102208 RE: jeunke22 #102207

If one shorted at the recent peak from bottom, that's like 10%

So they could get in two separate shorts on the way down, and then start buying as the SP is dropping, but allowing the price to fall all the way to C$5 which is support and gap, close the short at the Bottom, and keep buying back up to resistance. Repeat, Repeat.
I could see an institution pulling that off, especially if it is accepted behavior by the Company that you are accumulating.

https://stockcharts.com/h-sc/ui?s=NB.TO

It's kind of like a share buy back, where we get a 15% partner at the expense of day traders etc.