RE: RE: Bloomberg shows close @ 1.11!!!!!!Fascinating. And the sale was 2000 shares, with other sales only moments before at 1.40. Perhaps by a complete idiot, or the same seller at Jitney that was dumping all day, and actually manipulating? Can any of you confirm what kind of sales were taking place through Jitney today, (I am away from my regular market access tools)? Were they consistently selling into the bid to move it lower?
Agree that something does not look right, (the chart is awful!! too), though I added substantially more just over 1.40.
If traders at TD simply wanted to get out, why not simply arrange a few large crosses, as per usual, and be done?
And, this does remind me of BCM during and after the 2008 crash. My mistake there was to sell more on the way down than I bought back at .70. (Sold my last holdings during the Santa Ana fiasco, by the way.)
Await the explanation by CAN or IR of this anomalous market activity.
Take care. WKH