Close Unchanged for the weekTGZ closed at 58 cents (MOC order- 2000 shares traded at 58 cents, the only trade at 58 cents all day), same as last Friday. Big week ahead with FOMC rate announcement which sets the tone for USD and everything priced in USD.
Interesting close at the end of the day today. This MOC is a great tool for manipulation by the big players. If they collude (which I believe they are), they can set up an MOC imbalance anyside they wish. I wonder how much OSC got paid to allow this on the TSX. Its funny how they mention that MOC is intended for fair price discovery. Hahaha. I believe it is intended for anything, but fair price discovery. IMO, the MOC is used to create great technical charts which can then be used by algos to move stocks up and down !!