GREY:HRIVF - Post by User
Comment by
espressostrettoon Feb 09, 2011 1:53pm
488 Views
Post# 18103110
RE: RE: CIBC starting to turn
RE: RE: CIBC starting to turnI don't know anything about broker tactics. But I suspect what is done is a lid is kept on at a certain level, they let the asks build up then collect all the shares, or maybe just wishful thinking for the short term. Buying in small pieces the past few days I got the sense that there was a blatant lid being kept on it or maybe it was an iceberg ask? I'd hit the ask a few times but it would stay at the same amount of shares.