TSXV:CLAS.H - Post by User
Comment by
Looking4Doubleson Jun 30, 2020 2:19pm
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Post# 31209044
RE:RE:RE:RE:U.S trading
RE:RE:RE:RE:U.S tradingI live in the U.S., so here's my take:
1.) I follow the tape closely and am convinced those small quantity SELLs are Penny. Nobody needs $10-20 for a big mac and fries - they are for dropping the price. Period !
2.) I and others continue to buy those dips (Got more last week / haven't checked this week ) and hence IT's Frustration.
3.) IF the intent is to drive the price down in the U.S. and to then use selling to cover those positions, it is NOT working ! (ie No one here is unloading any shares at all when that happens.. We just buy the dips.)
In the U.S. , there is normal buying, and shorting - nothing else. (NO INVESTORS are selling their shares here !) We have days where 95% of the volume is shorted, but then. . . it gradually goes back up again on new buy orders.
Not sure what IT accomplishes by repeating the process every month, but . . the dips help me lower my cost average while we all wait for news.