The Billion Dollar Class Action To Stop Naked Short Selling In Canada

The CEO.CA conversation overnight revolves around a recent decline in share prices for some mining companies. Here's a breakdown of the key points:

• Naked Shorting: The discussion mentions naked shorting as a potential reason for the stock price decline. People seem upset about the practice, considering it theft and manipulative.
• Impact on Junior Mining Companies (small caps): The conversation highlights concerns that naked shorting unfairly hurts small mining companies by driving down share prices.
• Possible Coordinated Effort to Drive Down Prices: Some users suspect a "bear raid" where groups might be working together to manipulate the market through short selling and negative rumors. They reference a similar situation with Bay and AW1 in September.
• Deep Drilling Results and Share Price Strategy: Some speculate that companies like AW1 might be waiting for the end of the drilling season before releasing results and resource estimates to avoid another price drop like September.

Additional Notes:

• The conversation mentions contacting representatives about the issue, suggesting shareholders are trying to raise awareness.
• One user mentions "wash trading" as another form of market manipulation.

In conclusion, the conversation expresses concerns about potential manipulation of mining stock prices through short selling practices.