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Bullboard - Stock Discussion Forum CANDORADO OPERATING CO V.CDO

TSXV:CDO - Post Discussion

CANDORADO OPERATING CO > Childish Play
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Post by blackgold99 on Feb 08, 2011 4:17pm

Childish Play

Last minute, before the clock buys and sells...what's the point of this? The two infamous brokers.

Time Price Shares Change Buyer Seller
3:59 PM EST 0.035 45,000 0 009 001
3:59 PM EST 0.040 4,000 0.005 099 099
3:59 PM EST 0.035 11,000 0 099 099
Comment by wildman2 on Feb 08, 2011 6:08pm
You ask what is the point of this, but the truth is in my experience this is a very effective point.  It always shocks me that people could be this reactive to a manipulated sale, but in the morning, you see how it is effective all the time.  Same kind of stuff happens all the time before the open too as players put in false bids higher.  The big banks see the market orders.  ...more  
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