Interesting trading these last few daysIt is starting to look like someone very big is trying to control trasding on the ask side.
Huge volume on the bid this morning, usually a sign that traders are taking the stock down. Opened $5.89 and quickly taken down to .94, then the big asks start showing up. There has been an iceberg ask at $5.90 for several days this morning at a 1,757 size -- huge. Every time tghe bids gain strength in numbers the 5.90 iceberg shows up.
Trading just changed again:
| Level ll Quote for YELLOW PAGES INCM FD UTS (YLO.UN: Toronto) |
| Bid | | Ask |
Price
| Total Size
| # of Orders
| | Price
| Total Size
| # of Orders
|
| $5.86 | 191 | 21 | | $5.87 | 227 | 22 |
| $5.85 | 175 | 20 | | $5.88 | 289 | 14 |
| $5.84 | 734 | 18 | | $5.89 | 1003 | 17 |
| $5.83 | 316 | 23 | | $5.90 | 1067 | 26 |
| $5.82 | 349 | 16 | | $5.91 | 317 | 11 |
| $5.81 | 279 | 12 | | $5.92 | 53 | 7 |
| $5.80 | 838 | 56 | | $5.93 | 132 | 10 |
| $5.79 | 157 | 6 | | $5.94 | 200 | 10 |
| $5.78 | 145 | 8 | | $5.95 | 563 | 26 |
| $5.77 | 6 | 1 | | $5.96 | 100 | 1
|
I made a decision this am though that if we close below $5.94 I will lighten up by a 2,000 units.
Regards, Skibum