RE:FEC & CIBC little guyDannygo wrote: Looks like FEC kept buying and selling recently for $0.005 or $0.01 profit. Today, there is a CIBC little guy kept trying to knock down SP from $0.37 to $0.365. Everytime was 500 shares (minimum in order to be seen). He wanted to keep the SP low. In ALPHA, ALL seller were FEC. Probably FEC bought a lot early this week @ 0.35???
Give your Head a Shake !!
The amount of money that changes hands each LRE trading session isn’t all that much.
Today for example 592,653 shares at $0.37 changed hands on the TSX. A grand total of $219,281.61 changed hands. Compared to the $ that changed hands on the TSX today it amounts to a very small fraction of a rounding error.
A 2 cent profit on 100,000 shares is $2,00.00. Not nearly enough to be worth the time and effort of a “Professional” trader.
LRE.DB has shown some improvement this week but no real money has changed hands.
Today for example $20,000 face value changed hands a $55 per $100 face value.
A grand total of $11,000 changed hands. Not much to get excited about.
As Always; Do Your Own Due Diligence; It’s Your Money !!