CGX Energy Inc V.OYL

Bmo …lol

[Frank007]

There is another 18,000  dumped @ $1.52 ...lol ....all wash trading. By our so called ncib agent ...

[Kelvin]

So Frank, How's all of this work? BMO, GS, CIBC etc are simply acting on many clients' wishes. The same trading house can be bidding and asking at different prices in different amounts of shares because they are brokers for many different clients who have different trading strategies.  So what's an mm? Mm's are employed by trading houses to do what exactly? I read it was to

[waitingstill]

That is the BIG question. Where is the bid interest?! Why is it not here when we are so close to finishing?

[soulfire]

Kelvin my understanding is the MM is a middle man, he buys shares to resell. Everyone has to earn a living.    

[Kelvin]

Mm is market maker. They manipulate sp by bidding and asking with shares of the houses that they work for. But they have their limits. They cannot drive sp down when lots of investors want to buy and visa versa.

[soulfire]

Kelvin, a few years back, I watched Africa Oil which was trading around the 7 dollar range plummet to under 6 bucks and went above 8 dollars in seconds. How do you explain that? The scenario I describe above is mot unique.  Whenever there is money involved there will always be manipulation. I say no more

[soulfire]

Kelvin, a few years back, I watched Africa Oil which was trading around the 7 dollar range plummet to under 6 bucks and went above 8 dollars in seconds. How do you explain that? The scenario I describe above is mot unique. @Whenever there is money involved there will always be manipulation. I say no more