"Dud of the day"The Toronto Sun named SMF yesterday as the number one "Dud of the Day" for being down 4.05% (for stocks priced at over $5 per share).
Well, this is quite a "dishonour" and the shorters should be proud of themselves for the good job they did. Especially we should thank the clown(s) that triggered a series of $10.66 trades right at closing from his/their RBC account(s) to manipulate the price downwards.
Let's not forget this is a musical chair game and when the music stops some of the blind and misled shorters will be left without a chair. You guys better cover earlier and save your own hides.