GREY:ADEXF - Post by User
Post by
behrhunteron Apr 20, 2010 11:56am
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Post# 17010963
whats going on here?
whats going on here?
I am interested in this company but the trading patterns have me concerned. Yesterday there were no trades until just before closing and then someone hit the ask with a very small lot..Very unusual. Then today, trading back and forth between the same institutions. And a couple of $170 trades. This type of unusual trading pattern is undermining my confidence in AXI. I expect that AXI management has contacted the TSX to confirm this is all legitimate trading, but, in the event they have not, I will, ask the TSX to investigate the trades.
It would be to bad if AXI had its credibility destroyed by a few people trying to manipulate the price. I hope it will not be found to be the case, and we there can be some confidence regained.