RE: They are back - NBFMariners13
Last year the Q1s were announced on 13 May. The annual options extravaganza took place on 15 May.
This year the Q1s were released on 12 May. Let us assume that there will be options issued on 14 May which we will see on SEDI a few days later.
Now let's us also assume that National Bank Financial are coaxing the pps to a closing level that will enable the options to be priced as low as possible. Based on todays well orchestrated "obvious" pps activity the number appears to be 10 cents. No guarantees on this theory. However one can't ignore the fact that the lower the options pricing the greater the potential for Sitit insiders to make a huge killing exercising options when the pps appreciates.
I have been a past client of this company and I know for certain that 'the market" surveillance folks know about pps massaging when it's convenient to a securities firm or its client. I haven't used a full-service broker for some time now because, quite frankly, they only look after rich clients and the trade commissions are off the wall.
Again...this is theory...however this scenario appears very probable considering past history.