RE:Too easy to manipulatecoolslug1 wrote: The reason PME is not as popular as it's sister MMP.UN is PME is so thinly traded compared to MMP.UN. This morning is a good example of this. All it took was one sale of 200 shares to drop the price of PME over 2%. PME dropped 5 cents with the sale of just 200 shares. I could have brought PME's share price down 10% by selling just a couple thousand shares. MMP.UN on the other hand dropped just 1% this morning and it took 5,568 shares sold to do that. A sudden drop in the price of gold could be devistating to such a thinly traded stock as PME. I own both stocks but PME is the one I jump in and out of while MMP.UN is the one that I tend to hold closely.
I dont go by the market depth on these stocks, as i am sure you know the ATS hides the true market depth and even the real actual trading numbers are not reported by Canadian banks brokerages.
At this point in time , MMP.un is down 3.6 % and PME down 1.7 %...
I will stick with the better value and the higher yield. To each his own.