OTCQX:NTGSF - Post by User
Comment by
dollardazeon Jan 09, 2019 8:16pm
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Post# 29209809
RE:RE:RE:RE:The Trading Bot is Back!
RE:RE:RE:RE:The Trading Bot is Back!Ya, that very last trade at the day was annoying. I was tempted to buy just to bid up the price and counteract it.
That purchase of 283k shares at 15:47 today was part of total haul of 423,800 shares by 079 CIBC World Markets. If it wasn't for that 100k entry in canadianinsider.com I would have assumed the purchasing behaviour through CIBC to be the corporate buyback in process. Certainly, the large volumes are appropriate.
The logic behind the 129 purchases of 500 shares and 23 trades of 1,000 is baffling. I haven't come up with a reasonable explanaiton as to why increasing the number of daily trades per day matters. It incurs such a high cost of brokerage fees.