URC.V

We got a news release this morning... I have no idea whether it was Uracan putting it out early to take the wind out of Canaccord... the stats on the final 6 holes to make a total 15 of the 9 reported Sept 22/09 for the summer drill program.. or whether it was a coincidence as a result of a phone call with Investor relations on the Boorish trading abuse heaped on URC.V



GLTA Lostoutwest
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Canaccord

Appears to be behind the recent URC.V dumping... but anybody with half a brain should be able to reason that if bad news was a motivation, a professional trader would have all the insider information to make a responsible exit instead of dumping large enough blocks of shares to force the price down in an act of suicide. A simple check of the sells at Stockwatch.com will provide all the proof necessary to assume manipulating this share price is brazen.

Who in their right mind would actively move to lose money armed with bad news dumping with such sloppy selling. What you see is what you got. So when the most obvious motives are eliminated... What is left is usually the right conclusion.

This dumping is being orchestrated by Canaccord only, and without a broad base of diverse houses dumping in reaction to the same news.... only makes it more obvious.
The price is being pushed down by icebergs on the ask. You can't see who is on the ask until the sale is recorded at stockwatch. The downward trail points to Canaccord.

Pretty pathetic that regulators could seem to care less.

Nothing to do but get out of the way...

And File a complaint.

GLTA Lostoutwest
Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews


Please read our Complete Disclosure