GREY:CLLZF - Post by User
Comment by
bert2on Apr 17, 2009 2:07pm
460 Views
Post# 15927187
RE: RE: RE: CIBC games
RE: RE: RE: CIBC gamesI trade on CIBC myself it is just not a haven for day traders .....this is someone at one of their terminals pulling this.
If I had bought 20k at the low
then sold at the high i'd have generated 40k in volume..do this 2 or 3 times and it's not hard to see where the volume is coming from
but you would also expect to see some sort of spread on the ave buy versus sell
Which has never been more tha .002 cents so they are pushing around 2 million dollars worth of CLL stock today so far for a net gain of $2902. across all the trades
This is trading only for the purpose of keeping a damper on the stock price they are selling to any rise of a 1 cent and buy back imediately to keep the position.