RE:Bioaf getting destroyed today this low volume pullback is a buying opportunity. We went up on about 600k shares of volume and are retreating on about 100k shares of volume (yesterday and so far today) ==>that is a classic buying opp in a not-heavily traded stock and can happen when the buyers are taking a pause (they can't be in there everyday).
RBC and Raymond James are the only two sellers today - maybe they need the funds for something else or whatever, I'm not taking my investment determinations on one day's of trading coming from probably 2 people (one at RBC and one at Raymond James) especially when this pullback is on 20% of the volume that the rise came on.
House Positions for C:BTI from 20210121 to 20210121 |
2 RBC | 320 | 163 | 0.509 | 49,720 | 26,450 | 0.532 | -49,400 | 26,287 |
89 Raymond James | 1,331 | 783 | 0.588 | 27,472 | 13,136 | 0.478 | -26,141 | 12,353 |
33 Canaccord | 3,000 | 1,530 | 0.51 | 5,000 | 2,700 | 0.54 | -2,000 | 1,170 |
59 PI | 472 | 221 | 0.468 | 651 | 363 | 0.558 | -179 | 142 |
124 Questrade | 900 | 491 | 0.546 | 0 | | 900 | -491 |
48 Laurentian | 5,000 | 2,550 | 0.51 | 0 | | 5,000 | -2,550 |
9 BMO Nesbitt | 6,500 | 3,210 | 0.494 | 500 | 275 | 0.55 | 6,000 | -2,935 |
80 National Bank | 20,000 | 11,310 | 0.566 | 13,500 | 7,305 | 0.541 | 6,500 | -4,005 |
79 CIBC | 9,100 | 4,662 | 0.512 | 1,500 | 855 | 0.57 | 7,600 | -3,807 |
85 Scotia | 9,000 | 4,800 | 0.533 | 0 | | 9,000 | -4,800 |
7 TD Sec | 11,000 | 6,090 | 0.554 | 10 | 5 | 0.50 | 10,990 | -6,085 |
1 Anonymous | 49,050 | 24,847 | 0.507 | 17,320 | 9,568 | 0.552 | 31,730 | -15,279 |
TOTAL | 115,673 | 60,657 | 0.524 | 115,673 | 60,657 | 0.524 | 0 | 0 |
Date | Open | High | Low | Close | VWAP | Volume | % Chg | $ Chg | Trade Val | # Trades |
2021-01-21 | 0.56 | 0.58 | 0.47 | 0.47 | -- | -- | -- | -- | -- | -- |
2021-01-20 | 0.61 | 0.61 | 0.56 | 0.56 | 0.5969 | 56.87k | -6.67% | -0.04 | 33,928.00 | 20 |
2021-01-19 | 0.60 | 0.70 | 0.50 | 0.60 | 0.608 | 376.10k | 9.09% | 0.05 | 228,670.00 | 111 |
2021-01-18 | 0.44 | 0.55 | 0.42 | 0.55 | 0.4804 | 217.00k | 27.91% | 0.12 | 104,240.00 | 37 |