OTCQX:MRVFF - Post by User
Post by
langeron Oct 26, 2009 11:03am
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Post# 16423393
When it all started
When it all startedAt 10:20 someone from Scotia Trade dumped 600,000 shares on to the bid with no support. Thats why we went to .13. It started at .315 so my guess is he had a stop set at that price which started the cascade effect. The next big block was triggered at .29. There were a few other stops (bigger blocks) that seemed to get hit but the Scotia guy is going to be the most ticked off when he logs on and checks his account.
It all started off quite innocently with all houses selling between .33 - .29. It wasn't a particular house that brought the house of cards down. I don't think any one house brought it down this AM