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First Nickel Inc. FNKLF

"First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America."


GREY:FNKLF - Post by User

Bullboard Posts
Post by marketmineron Jul 03, 2007 1:46pm
303 Views
Post# 13030514

Automated trading..

Automated trading..There has been an automated trading attack underway on FNI for some time... note the small lot trades, they hit the market with 400, 500, 600, 700, or 800 share trades. This program was originally set up by RBC, and was first noticed on SGR.... and recently CCE. The objective of this is to move the stock price down.... may also be linked to the bashers who frequent stocks under attack. I reported this to the exchange on SGR and CCE... This thrading can be relentless as it is interval driven, IE regardless of any bids it hits the market with a small block trade. The original program used a fixed amount and time interval...But it allways has showed up as on the minuit or 30 second time frame.... this could only be done via automation. On SGR and CCE it was linked to a PP that was in the works, and these Baztards come in and relentlessly pressure the stock. I figure that interested parties, lend stock to this house and the stock is sold " short " against the lent stock, which is covered via the PP shares. This all done in an effort to strip value from the existing shareholder base. These guys are scumbags, plain and simple and their activity borders on stock manipulation and conspiracy... The exchange appears to condon such behavour. Here's a sample... Note the time and small block trades... over the past weeks this house has accounted for 50% of the trades. Recent Trades - Last 10 Time Ex Price Change Volume Buyer Seller Markers 13:35:30 T 1.22 +0.02 600 80 National Bank 80 National Bank K 13:35:30 T 1.22 +0.02 400 27 Dundee 80 National Bank K 13:34:00 T 1.22 +0.02 400 80 National Bank 1 Anonymous K 13:34:00 T 1.22 +0.02 200 27 Dundee 1 Anonymous K 13:26:30 T 1.22 +0.02 400 80 National Bank 1 Anonymous K 13:26:30 T 1.22 +0.02 200 27 Dundee 1 Anonymous K 13:23:00 T 1.22 +0.02 400 80 National Bank 1 Anonymous K 13:23:00 T 1.22 +0.02 200 27 Dundee 1 Anonymous K 13:20:16 T 1.23 +0.03 1,000 80 National Bank 5 Penson K 13:20:16 T 1.23 +0.03 2,000 7 TD Sec 5 Penson
Bullboard Posts

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