A different sort of lesson about houses- AKA TD owns all youAnd not the real estate kind. I never got my warrants today but in poetic justice took an immediate 30% hit chasing the CGOC.WT after a Midas Letter appearance thinking hype and blue sky would carry through. Lessons learned for me but now for you guys.
The tools are all available but let me point out something to everyone. TD OWNS THIS STOCK FOR THE NEAR TERM.
Look at the ceo.ca house positions. They are listed daily of all the buys and sells of everyone. Look who is well ahead of other brokerages with regards to selling; TD.
Go to the CSE website and check the listings for the warrants and look who has been selling into every bid on the way down for not only today but the entire past week; TD.
Yesterday there was a massive bid posted by TD right at the $2.70 mark, That has now been moved all the way down to $2.20. Likewise with the warrants those bids there in low 60's and the high 50 by anonymous is a hint.
Ignore it all you want but right now there is a market maker present in the form of TD securites who is going to test people's patience and resolve over the next few weeks. Unless another deal is inked to draw more eyes all the retail that followed this up are going to have to stomach a long consolidation through the end of April. Just my opinion but please make reference to mine and others who are trying to keep a level head. Computers make money both ways. Easy to do when you run the casino and pay no trading fees.
I've had the blinders on myself for many stocks (ahem, TGIF, ha) and have been forced to be much more objective now in 2019 than I was last year. Trade smarter not harder.