RE:RE:Anon selling last week
What I pointed out was that the selling was coming primarily from "anon" which I am very aware can be many different entities - Desjardins were signifcant sellers on a couple of days as well last week but there is not the same pattern as the "anon" trades.
Where in my post did I say Anonymous was a single trader manipulating the share price??
In that post I also pointed out that the selling pattern turned into buying as the x-div date got closer in Q1- could the trader or traders using the "anon" designation be planning to do the same thing this month as the x-div gets closer - that would be an opportunity to make money on a trade if they follow the same pattern and that is why I chose to post that information.
If you look at the trades today you will see once again "anon" is the major net seller with over $900,000 more stock sold than they bought - considering there were only about 270,000 shares traded in total today that $900,000 represents about 50,000 net shares sold today - in other words about 18% of the total volume for the day which is significant.