RE:MORE TIMED RIGGED TAP DANCING; LOOKS TOTALLY FAKE TRADING ? Z, I don't believe it was actally rigged and there was not a lot of what I would
call 'tap dancing'.There was mainly just one determined Anonymous seller who
had decided to dump around 100k at markeprice. The buyers of Anons's shares
were mostly RBC and Scotia.
Anon started selling at the open at 9.30 and managed to get around 30k sold
at the last price of 16.5. The bots then came in and started selling on a regular
basis in 500 lots where the price dropped to .16 at around 9.50am, then 1000 lots,
then 1500 and eventually 2000 lots. That continued with Anonymous until around
10.26am when seller Nat Bank sneeked in and sold 30k with two trades of which
both RBC and Scotia picked up again.
Then selling by Anon continued until 12.30pm with a last 30k trade at .15. after
making it about 100k total they sold for the day.
Then, there was NO further trading from Anon or, anyone else for that matter until
right up until the closing bell at 3.59pm. Then seller CIBC sold 20k picked up by
TD @ 0.155. So, make whatever you want out of that Z? Tomorrow is another day.
P.S. All this from TSX.V. have not checked out Stockwatch today