RE:Artificial gain yesterdayFissionowner wrote: What a stock. Yesterday FCU closed up 2 cents at $.70. That gain was not real. It was an artificial closing bump. In less than 30 minutes of trading today, the 2 cents is gone.
Current bid is $.67.
Yes you are right. Everyday there is a small buy order on FCU on the TMX MOC which sets the closing price . Every single day. Market manipulation for sure, using the MOC for something it was not created for. Intentionally high flagging the closing price is a circumvention of industry rules. We all need to contact IIROC and have them look at this practise. Remember when Quakes used to complain about market manipulation when the MOC was on the sell side? It wasn't long before Quakes and whomever pulls his strings fixed that by starting to put in small buy orders daily on the MOC. Market manipulation Quakes? Who is calling your shots Quakes? You continuously misled investors here by your one sided bullish continuous BS promotion. You have clearly done investors more warm than good from your advice. Where is your sense of right and wrong? My criticism is not about FCU per se as I do think a longer view investment from here will work out for investors in spite of poor management and Quakes manipulation.