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Bullboard - Stock Discussion Forum Agnico Eagle Mines Ltd (Ontario) T.AEM

Alternate Symbol(s):  AEM

Agnico Eagle Mines Limited is a Canada-based gold mining company, which is engaged in producing precious metals from operations in Canada, Australia, Finland and Mexico. The Company has a pipeline of exploration and development projects in these countries as well as in the United States. Its operations include Canadian Malartic Complex, Detour Lake, Fosterville, Goldex, Kittila, La India... see more

TSX:AEM - Post Discussion

Agnico Eagle Mines Ltd (Ontario) > Low same price Bid/ask before Canadian market opens
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Post by Paray99 on Mar 12, 2024 8:41am

Low same price Bid/ask before Canadian market opens

With bid/ask at same price before the market open, that too with large quantity in both bid and ask, on many gold stocks, shorts trying to fool some sensitive sellers.... This phenomena is seen with SEA, ABX, AEM, NGD, and almost on all other ones too. This happens only in the Canadian market, where the bid and ask shows same low price.... 
This price will go up automatically seconds before the market opening. 

This tells me that many shorts are desperate to cover their short position. Yesterday's volume is also telling us that. Shorts are already panic.

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