TSXV:KUR.H - Post by User
Post by
lookingtogetrichon Nov 23, 1999 1:51pm
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Post# 1094170
trading pattern
trading patternBeen watching the trading pattern today. Quite interesting. Trading is at the ask up to 1.10. Once the ask of 1.10 gets cleared out, suddenly the next trade is at the bid with sufficient volume to push it down to the 1.08 area. New large ask gets placed at 1.10. The cycle then continues with trades at the 1.10 ask until completely taken out and suddenly once again, a trade at the bid pushing it down.
To me it feels like a major player is trying to keep the price down in order to accumulate more shares.
I am long and staying long for a few months yet. No buy/sell games here