RE:Some thoughts
inviolablspirit wrote: Over the last 10 trading days the institutions have "flash crashed" this stock 3 times. Nat gas prices are heading up and TCF is 5 for 5 in wells and witll soon be 6 for 6. It's amazing how the regulatory body for the stock exchange doesn't see anything wrong with this picture with all that trading volume and a movement of no more than a single cent up or down in the stock price by days end. lol
There's no use complaining to IIROC as they are completely useless and the same forces manipulating the price now will also be the same forces moving it up when they decide to do that. It's too bad that stock prices no longer reflect a company's progress anymore, but it based mainly on what the institutions decide the price should be regardless of the company's success or failures. They can drive the worst companies up and keep great companies down.
I've found over the years that IIROC is actually more useful than any other Canadian regulator. The actual exchange I'd rank second. The amf 3rd but only if it's of Quebec political interest. Osc a distant 4th. And way back, and completely useless, or even counterproductive are the BCSC. Guess who the principal regulator is for TCF? Yup. BCSC. Number one move is claim it's not their jurisdiction. Seen it over and over. If they can't shift it to osc, they'll claim it's the corporations act, not the securities act. Or they'll just bury it claiming it's not their policy to disclose or discuss any investigation or even if one exists. You know , for "privacy" purposes. Or whatever.
So stick to iiroc I'd suggest. Try asking for Harry. He may not respond the way you want, but he will respond