Manipulation technique..What they do is buy in one accout, use that stock to hit the bids with and move the stock down....,
I figure they sell short in a second account as any upward momentum comes into the market...
They rely heavily on being able to keep the share price under control... always closing it below their average short position... I would bet totally naked short! Or a large house which holds a lot of clients stock, particularily 4 month hold stock... that way they don't have to worry about their client selling the stock.
Here's the FNI trades for today, this shows very clearly what I just posted above;
Here are all the trades for T: FNI on 7/ 18/2007 involving broker 1.
194 Records Returned
Trades
Exchange Date Price Change Volume Buyer Seller Markers
T 2007-07-18 15:58:30 1.27 0.00 700 79 CIBC 1 Anonymous K
T 2007-07-18 15:56:59 1.27 0.00 400 79 CIBC 1 Anonymous K
T 2007-07-18 15:55:18 1.27 0.00 5,000 79 CIBC 1 Anonymous K
T 2007-07-18 15:52:58 1.27 0.00 300 79 CIBC 1 Anonymous K
T 2007-07-18 15:52:00 1.27 0.00 700 2 RBC 1 Anonymous K
T 2007-07-18 15:51:59 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 15:48:05 1.27 0.00 300 36 Latimer 1 Anonymous K
T 2007-07-18 15:47:30 1.27 0.00 100 80 National Bank 1 Anonymous K
T 2007-07-18 15:46:30 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 15:45:00 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 15:33:03 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 15:33:00 1.26 -0.01 300 33 Canaccord 1 Anonymous K
T 2007-07-18 15:30:00 1.27 0.00 400 80 National Bank 1 Anonymous K
T 2007-07-18 15:29:00 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 15:25:30 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 15:21:00 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 15:15:30 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 15:12:29 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 15:12:02 1.27 0.00 10,000 7 TD Sec 1 Anonymous K
T 2007-07-18 15:12:02 1.27 0.00 400 7 TD Sec 1 Anonymous K
T 2007-07-18 15:12:02 1.27 0.00 5,500 7 TD Sec 1 Anonymous K
T 2007-07-18 15:04:30 1.26 -0.01 400 80 National Bank 1 Anonymous K
T 2007-07-18 15:00:30 1.26 -0.01 300 80 National Bank 1 Anonymous K
T 2007-07-18 14:57:30 1.27 0.00 400 80 National Bank 1 Anonymous K
T 2007-07-18 14:52:30 1.27 0.00 400 80 National Bank 1 Anonymous K
T 2007-07-18 14:45:30 1.27 0.00 100 27 Dundee 1 Anonymous K
T 2007-07-18 14:45:30 1.27 0.00 300 80 National Bank 1 Anonymous K
T 2007-07-18 14:44:42 1.27 0.00 1,300 1 Anonymous 9 BMO Nesbitt K
T 2007-07-18 14:42:00 1.27 0.00 100 27 Dundee 1 Anonymous K
T 2007-07-18 14:42:00 1.27 0.00 300 1 Anonymous 1 Anonymous K
T 2007-07-18 14:39:00 1.27 0.00 100 27 Dundee 1 Anonymous K
T 2007-07-18 14:39:00 1.27 0.00 300 1 Anonymous 1 Anonymous K
T 2007-07-18 14:37:01 1.27 0.00 4,200 1 Anonymous 79 CIBC K
T 2007-07-18 14:36:59 1.27 0.00 6,500 1 Anonymous 88 E-TRADE K
T 2007-07-18 14:36:49 1.27 0.00 5,100 1 Anonymous 39 Merrill Lynch K
T 2007-07-18 14:12:28 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 14:12:14 1.27 0.00 200 88 E-TRADE 1 Anonymous K
T 2007-07-18 14:12:14 1.27 0.00 300 88 E-TRADE 1 Anonymous K
T 2007-07-18 14:12:14 1.27 0.00 1,500 88 E-TRADE 1 Anonymous K
T 2007-07-18 14:10:48 1.27 0.00 3,600 7 TD Sec 1 Anonymous K
T 2007-07-18 14:10:48 1.27 0.00 400 7 TD Sec 1 Anonymous K
T 2007-07-18 14:10:48 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 14:10:48 1.27 0.00 400 7 TD Sec 1 Anonymous K
T 2007-07-18 14:10:48 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 14:10:00 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 14:10:00 1.26 -0.01 200 80 National Bank 1 Anonymous K
T 2007-07-18 14:06:42 1.27 0.00 1,400 88 E-TRADE 1 Anonymous K
T 2007-07-18 14:04:36 1.27 0.00 300 75 MGI 1 Anonymous K
T 2007-07-18 13:57:40 1.27 0.00 1,300 7 TD Sec 1 Anonymous K
T 2007-07-18 13:57:40 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 13:57:40 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 13:57:40 1.27 0.00 5,000 7 TD Sec 1 Anonymous K
T 2007-07-18 13:57:40 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 13:50:30 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:50:30 1.26 -0.01 200 80 National Bank 1 Anonymous K
T 2007-07-18 13:48:30 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:48:30 1.26 -0.01 200 80 National Bank 1 Anonymous K
T 2007-07-18 13:42:00 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:42:00 1.26 -0.01 200 80 National Bank 1 Anonymous K
T 2007-07-18 13:40:13 1.26 -0.01 1,400 1 Anonymous 79 CIBC K
T 2007-07-18 13:36:30 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:36:30 1.26 -0.01 300 1 Anonymous 1 Anonymous K
T 2007-07-18 13:33:30 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:33:30 1.26 -0.01 200 1 Anonymous 1 Anonymous K
T 2007-07-18 13:31:24 1.26 -0.01 3,100 1 Anonymous 7 TD Sec K
T 2007-07-18 13:28:00 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:28:00 1.26 -0.01 200 7 TD Sec 1 Anonymous K
T 2007-07-18 13:21:00 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:21:00 1.26 -0.01 200 7 TD Sec 1 Anonymous K
T 2007-07-18 13:16:00 1.26 -0.01 100 27 Dundee 1 Anonymous K
T 2007-07-18 13:16:00 1.26 -0.01 200 7 TD Sec 1 Anonymous K
T 2007-07-18 13:07:04 1.27 0.00 600 79 CIBC 1 Anonymous K
T 2007-07-18 12:59:25 1.27 0.00 8,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:58:45 1.27 0.00 100 1 Anonymous 1 Anonymous K
T 2007-07-18 12:58:30 1.27 0.00 8,000 80 National Bank 1 Anonymous K
T 2007-07-18 12:57:53 1.27 0.00 100 80 National Bank 1 Anonymous K
T 2007-07-18 12:57:15 1.27 0.00 100 1 Anonymous 27 Dundee K
T 2007-07-18 12:57:15 1.27 0.00 300 1 Anonymous 1 Anonymous K
T 2007-07-18 12:57:10 1.27 0.00 1,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:57:10 1.27 0.00 5,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:57:10 1.27 0.00 5,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:57:10 1.27 0.00 3,500 7 TD Sec 1 Anonymous K
T 2007-07-18 12:57:10 1.27 0.00 1,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:53:16 1.26 -0.01 4,600 1 Anonymous 79 CIBC K
T 2007-07-18 12:53:16 1.26 -0.01 300 1 Anonymous 1 Anonymous K
T 2007-07-18 12:53:16 1.26 -0.01 300 1 Anonymous 1 Anonymous K
T 2007-07-18 12:53:16 1.26 -0.01 2,000 1 Anonymous 7 TD Sec K
T 2007-07-18 12:53:12 1.25 -0.02 100 7 TD Sec 1 Anonymous K
T 2007-07-18 12:53:12 1.25 -0.02 1,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:53:12 1.25 -0.02 300 7 TD Sec 1 Anonymous K
T 2007-07-18 12:53:12 1.26 -0.01 2,400 7 TD Sec 1 Anonymous K
T 2007-07-18 12:53:12 1.26 -0.01 5,000 7 TD Sec 1 Anonymous K
T 2007-07-18 12:50:30 1.24 -0.03 100 27 Dundee 1 Anonymous K
T 2007-07-18 12:50:30 1.24 -0.03 200 1 Anonymous 1 Anonymous K
T 2007-07-18 12:46:03 1.25 -0.02 100 1 Anonymous 27 Dundee K
T 2007-07-18 12:46:03 1.25 -0.02 200 1 Anonymous 1 Anonymous K
T 2007-07-18 12:42:30 1.24 -0.03 100 27 Dundee 1 Anonymous K
T 2007-07-18 12:42:30 1.24 -0.03 200 1 Anonymous 1 Anonymous K
T 2007-07-18 12:37:00 1.24 -0.03 2,000 1 Anonymous 85 Scotia K
T 2007-07-18 12:36:26 1.24 -0.03 2,100 1 Anonymous 88 E-TRADE K
T 2007-07-18 12:36:00 1.25 -0.02 100 27 Dundee 1 Anonymous K
T 2007-07-18 12:36:00 1.25 -0.02 200 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 12:33:30 1.25 -0.02 100 27 Dundee 1 Anonymous K
T 2007-07-18 12:33:30 1.25 -0.02 200 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 12:20:30 1.25 -0.02 100 27 Dundee 1 Anonymous K
T 2007-07-18 12:20:30 1.25 -0.02 200 80 National Bank 1 Anonymous K
T 2007-07-18 12:12:58 1.25 -0.02 400 7 TD Sec 1 Anonymous K
T 2007-07-18 12:12:58 1.25 -0.02 400 7 TD Sec 1 Anonymous K
T 2007-07-18 12:01:04 1.25 -0.02 2,500 79 CIBC 1 Anonymous K
T 2007-07-18 12:01:04 1.25 -0.02 300 79 CIBC 1 Anonymous K
T 2007-07-18 12:01:02 1.25 -0.02 800 88 E-TRADE 1 Anonymous K
T 2007-07-18 11:59:34 1.24 -0.03 100 1 Anonymous 88 E-TRADE K
T 2007-07-18 11:57:37 1.25 -0.02 7,400 1 Anonymous 80 National Bank K
T 2007-07-18 11:57:37 1.25 -0.02 500 1 Anonymous 1 Anonymous K
T 2007-07-18 11:57:37 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 11:57:37 1.25 -0.02 1,700 1 Anonymous 1 Anonymous K
T 2007-07-18 11:57:00 1.24 -0.03 100 27 Dundee 1 Anonymous K
T 2007-07-18 11:57:00 1.24 -0.03 300 1 Anonymous 1 Anonymous K
T 2007-07-18 11:54:30 1.24 -0.03 100 27 Dundee 1 Anonymous K
T 2007-07-18 11:54:30 1.24 -0.03 200 1 Anonymous 1 Anonymous K
T 2007-07-18 11:41:36 1.24 -0.03 2,100 1 Anonymous 1 Anonymous K
T 2007-07-18 11:41:32 1.24 -0.03 7,800 1 Anonymous 80 National Bank K
T 2007-07-18 11:41:32 1.24 -0.03 400 1 Anonymous 1 Anonymous K
T 2007-07-18 11:41:32 1.24 -0.03 2,900 2 RBC 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 10,000 75 MGI 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 20,000 80 National Bank 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 1,000 33 Canaccord 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 1,000 88 E-TRADE 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 1,000 7 TD Sec 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 2,000 7 TD Sec 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 1,000 88 E-TRADE 1 Anonymous K
T 2007-07-18 11:40:46 1.24 -0.03 5,000 7 TD Sec 1 Anonymous K
T 2007-07-18 11:36:13 1.26 -0.01 1,000 88 E-TRADE 1 Anonymous K
T 2007-07-18 11:36:04 1.25 -0.02 7,200 79 CIBC 1 Anonymous K
T 2007-07-18 11:36:04 1.25 -0.02 3,000 7 TD Sec 1 Anonymous K
T 2007-07-18 11:36:04 1.25 -0.02 2,500 7 TD Sec 1 Anonymous K
T 2007-07-18 11:36:04 1.25 -0.02 300 7 TD Sec 1 Anonymous K
T 2007-07-18 11:36:04 1.25 -0.02 6,000 79 CIBC 1 Anonymous K
T 2007-07-18 11:35:30 1.26 -0.01 1,600 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 11:32:06 1.26 -0.01 400 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 11:32:06 1.26 -0.01 400 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 11:32:06 1.26 -0.01 400 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 11:32:06 1.26 -0.01 400 9 BMO Nesbitt 1 Anonymous K
T 2007-07-18 11:29:00 1.25 -0.02 400 79 CIBC 1 Anonymous K
T 2007-07-18 11:28:00 1.25 -0.02 400 79 CIBC 1 Anonymous K
T 2007-07-18 11:16:00 1.25 -0.02 400 79 CIBC 1 Anonymous K
T 2007-07-18 11:15:15 1.25 -0.02 2,600 1 Anonymous 80 National Bank K
T 2007-07-18 11:13:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 11:07:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 11:01:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:58:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:57:19 1.26 -0.01 3,000 75 MGI 1 Anonymous K
T 2007-07-18 10:57:00 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:55:29 1.25 -0.02 5,000 1 Anonymous 88 E-TRADE K
T 2007-07-18 10:53:56 1.25 -0.02 1,000 1 Anonymous 88 E-TRADE K
T 2007-07-18 10:51:59 1.25 -0.02 8,900 1 Anonymous 2 RBC K
T 2007-07-18 10:49:00 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:48:37 1.26 -0.01 2,000 79 CIBC 1 Anonymous K
T 2007-07-18 10:47:14 1.25 -0.02 1,000 1 Anonymous 2 RBC K
T 2007-07-18 10:45:00 1.25 -0.02 100 1 Anonymous 1 Anonymous K
T 2007-07-18 10:45:00 1.25 -0.02 300 2 RBC 1 Anonymous K
T 2007-07-18 10:44:56 1.25 -0.02 400 1 Anonymous 124 Questrade K
T 2007-07-18 10:37:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:36:30 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:27:00 1.25 -0.02 300 1 Anonymous 1 Anonymous K
T 2007-07-18 10:24:00 1.25 -0.02 300 1 Anonymous 1 Anonymous K
T 2007-07-18 10:22:00 1.25 -0.02 300 1 Anonymous 1 Anonymous K
T 2007-07-18 10:21:25 1.26 -0.01 1,000 6 Union 1 Anonymous K
T 2007-07-18 10:18:00 1.25 -0.02 300 1 Anonymous 1 Anonymous K
T 2007-07-18 10:15:35 1.25 -0.02 4,300 1 Anonymous 19 Desjardins K
T 2007-07-18 10:14:04 1.25 -0.02 2,500 1 Anonymous 19 Desjardins K
T 2007-07-18 10:14:00 1.25 -0.02 300 1 Anonymous 1 Anonymous K
T 2007-07-18 10:11:12 1.25 -0.02 400 1 Anonymous 1 Anonymous K
T 2007-07-18 10:10:00 1.25 -0.02 200 2 RBC 1 Anonymous K
T 2007-07-18 10:09:00 1.25 -0.02 400 2 RBC 1 Anonymous K
T 2007-07-18 10:03:18 1.26 -0.01 300 7 TD Sec 1 Anonymous K
T 2007-07-18 10:03:18 1.26 -0.01 3,600 7 TD Sec 1 Anonymous K
T 2007-07-18 09:59:30 1.25 -0.02 400 2 RBC 1 Anonymous K
T 2007-07-18 09:58:00 1.25 -0.02 400 2 RBC 1 Anonymous K
T 2007-07-18 09:57:34 1.26 -0.01 100 88 E-TRADE 1 Anonymous K
T 2007-07-18 09:57:14 1.26 -0.01 3,000 1 Anonymous 80 National Bank K
T 2007-07-18 09:47:02 1.27 0.00 3,100 2 RBC 1 Anonymous K
T 2007-07-18 09:47:02 1.27 0.00 100 2 RBC 1 Anonymous K
T 2007-07-18 09:47:02 1.27 0.00 100 2 RBC 1 Anonymous K
T 2007-07-18 09:44:00 1.26 -0.01 400 88 E-TRADE 1 Anonymous K
T 2007-07-18 09:42:31 1.27 0.00 1,900 2 RBC 1 Anonymous K
T 2007-07-18 09:42:30 1.26 -0.01 500 88 E-TRADE 1 Anonymous K
T 2007-07-18 09:39:34 1.26 -0.01 400 88 E-TRADE 1 Anonymous K
T 2007-07-18 09:38:32 1.27 0.00 2,800 7 TD Sec 1 Anonymous K
T 2007-07-18 09:38:30 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 09:37:30 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 09:35:00 1.27 0.00 300 7 TD Sec 1 Anonymous K
T 2007-07-18 09:30:17 1.27 0.00 100 7 TD Sec 1 Anonymous K
T 2007-07-18 09:30:05 1.27 0.00 200 9 BMO Nesbitt 1 Anonymous K