Zonte Video - February 19, 2024

Zonte Aug. 10, 2023 Video

New subscribers, setup your Login ( Menu-Login)

Subscriptions

Performance 2009 to 2023 (compound annual)

performance2009 2023Small

 

zonte metals

More
1 week 8 hours ago #129557 by ron
ron replied the topic: zonte metals
Congrats Pasta, you traded smart buying at $0.075 and selling at $0.105, a 40% profit, I don't trade Zonte, I buy and sit on it, my sitting will make be money, bought a small 1000 shares this morning.

Please Log in or Create an account to join the conversation.

More
1 week 3 days ago #129556 by Pasta
Pasta replied the topic: zonte metals
Ron that's funny, you know I'm trying to get out of Zonte. When it dropped to 6 cents I purchased some around 7 and 8 cents and sold all of it at .105 cents last week I believe.
I still have some that I want to sell but hopefully at much higher prices.
i am not buying

Please Log in or Create an account to join the conversation.

More
1 week 3 days ago - 1 week 3 days ago #129555 by ron
ron replied the topic: zonte metals
Bought a small 2000 shares at $0.105, the shorts have to cover at a loss, come on Pasta, join me ...lol...
Last Edit: 1 week 3 days ago by ron.

Please Log in or Create an account to join the conversation.

More
1 week 6 days ago - 1 week 6 days ago #129553 by ron
ron replied the topic: zonte metals
Another interview with Eric Sprott,



After four years, where are they at and who are those regulators, makes me wonder about our Zonte when a good news will be released, what's next, kind of scary ?
Last Edit: 1 week 6 days ago by ron.

Please Log in or Create an account to join the conversation.

More
1 week 6 days ago #129552 by ron
ron replied the topic: zonte metals
Save Canadian Mining’s goal is to have a securities trading rule known as the “uptick rule” or “tick test” reinstated.

investingnews.com/daily/resource-investi...ct-retail-investors/

Please Log in or Create an account to join the conversation.

More
2 weeks 1 day ago #129551 by ron
ron replied the topic: zonte metals
I'm wishing the shares price to go over $0.105, guess will have to wait the next news release.

Please Log in or Create an account to join the conversation.

More
2 weeks 1 day ago #129550 by Gambler
Gambler replied the topic: zonte metals
ron, you got your wish pretty quickly. The other platforms have little offers today and yesterday and little bids. They probably have a good short position. I hope they have to cover at a loss this time

Please Log in or Create an account to join the conversation.

More
2 weeks 1 day ago - 2 weeks 1 day ago #129549 by ron
ron replied the topic: zonte metals
Wondering if the share price will print $0.105 or plus today, we need to see momentum ?
Last Edit: 2 weeks 1 day ago by ron.

Please Log in or Create an account to join the conversation.

More
2 weeks 2 days ago #129548 by goldenboy
goldenboy replied the topic: zonte metals
Alex, the problem is they don't have to report the short sales. And Ron great find, note this piece.

"Via IIROC:

“The “short-marking exempt” designation is required to be applied to orders for qualifying accounts of arbitrageurs, market makers and “high-frequency traders” that typically generate a high volume and speed of orders on a fully automated basis, may have orders on both sides of the market on various marketplaces at the same time, and that adopt a “directionally neutral” strategy such that generally, the position in each security in the account is flat at the end of the trading day.”

In other words, as long as a firm adopts a “directionally neutral” strategy, such that generally, the position in each security in the account is flat at the end of the trading day, it doesn’t have to declare the short sale."


And if they cannot cover their short sale in a few days, they just shuffle it to another market maker. These are the Canadian Banks, other big brokerage and institutions as well as US market makers. And since they don't report the short sale, the regulators do not know if they have a neutral strategy

Please Log in or Create an account to join the conversation.

More
2 weeks 2 days ago #129547 by Gambler
Gambler replied the topic: zonte metals
Yes Ron, excellent find. Here is yesterdays trade summary, about 40% on other platforms.

RBC did pretty much all the buying yesterday and RBC uses NEO. Another thing they do is split the bid so retail investors do not see actually how big the bid is. This morning RBC is bidding 12.5K and NEO is bidding 12.5K so probably half the RBC bid.

I have only seen this on bids but not offers? It makes the stock look with with less bids

Attachments:

Please Log in or Create an account to join the conversation.

More
2 weeks 2 days ago #129546 by alexgreat
alexgreat replied the topic: zonte metals
Ron, that was an excellent find, it explains many of the issues. Too bad there was not current data on the amount of shorting, because I am certain it is way higher than it was 10 years ago. Since then US trading firms have come into the Canadian market to take advantage of this and short the hell out of TSX and TSXV stocks.

The US is about 80% to 90% of the trading volume in Canada. Just check volumes on Canadian stocks when the US has a holiday and we do not, you can see the plain truth

Please Log in or Create an account to join the conversation.

More
2 weeks 3 days ago #129545 by ron
ron replied the topic: zonte metals
Good post Hoss,

Canada’s Stock Market Manipulation and Transparency Issues

Canada’s equities market is like any other exchange in the world. It consists of buyers and sellers that exchange goods – in the case of the stock market, securities. But unlike many other places, Canada is at a major disadvantage. Here’s a look at why Canada’s stock market is failing.

www.equedia.com/canada-stock-market-mani...transparency-issues/

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.210 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper