inter trading of PHi
I have been watching P a little bit lately...some time off.
There has been a lot of inner trading going on.
Apparently if a fund is trading to another fund that is run by the same people they can trade....you and i can not sell or buy when that happens
If i am trying to sell @ .95 and the inter trade happens, my sell does not happen...only the inner trade...the volume has to be recorded....so if it is off a penny...it looks like a big sell order, but it is not...it is only an inner or inter trade.
They are only transferring stock around to make their funds look better or ??
This has been happening with Quebec run funds...???
You can see these trades on the tsx
We could still see .78 or so sometime today....maybe not.
I have mine now..just watching and waiting.
lots of luck
take care
brooks