State Street really likes trading Chalice shares.
On days the share price falls they announce they are no longer a substantial holder.
On days the share price rises they announce they have become a substantial holder.
Is State Street day trading Chalice shares and using its financial muscle to manipulate the price?
Are they buying and selling on behalf of shorters?
I don't know of any shares where State Street is crossing the 5% threshold and announcing it (almost) every day, so I think it must intentional. Correct me if I am wrong.
Why are they doing this?
Promoting Chalice with all these announcements?
Letting potential investors know Chalice shares are being shorted / played with, to scare them off?
Trying to keep the price down for a large investor who is accumulating?
Ann: Ceasing to be a substantial holder, page-2
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$1.00 |
Change
-0.040(3.85%) |
Mkt cap ! $389.0M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.07 | $1.00 | $2.800M | 2.738M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 62825 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 9284 | 1 |
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