TSX:LSG.DB - Post by User
Comment by
goldhappyon Jan 10, 2015 2:27pm
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Post# 23305737
RE:RE:Accumulation of LSG shares this week and before!!
RE:RE:Accumulation of LSG shares this week and before!!I was reading Fortune Magazine that the NYSE has 3 levels of trading. My recollection of the proper names may be off a little. One level is the internet trades we all make, the second level is for all the brokerage houses and the third level is the ??? dark side ...this is for the very large traders that pay very low commissions and make huge trades. I read this in a spring 2014 issue of Fortune magazine. This dark side is like pension plans and large block owners, brokerage firms that have someone do the trades. It is not seen by us little folks. They have been accused of working against the little guys by doing the opposite moves. An investigation was launched but no results to date have been published. This dark side represents a third of the trades on the NYSE. I can imagine Canada and other countries have similar arrangements. All we can do is wait for the tide to change. I can remember Jim Crammer telling us the big boys set the direction and the little folks are helpless other than by riding the tide.