RE: RE: RE: RE: SP set to go lower... It's just so perplexing to me how CP just keeps going higher without any meaningful pullback. It's acting so differently from other railway stocks. Like today - it fell to $98.43 Cdn at the opening and now it's at $101.20? Almost a 3% swing from the daily low? Why? If you look at the 3min chart you can see how someone is literally "walking up the price" - moving it higher on small bids. The price bounces between top bollinger band (on a 3min chart) and 18ma in an upward trajectory. It's so manipulated. CNR's 3min chart almost never looks like CP's 3min chart.
Hedge funds and their algorithms have a firm grip of CP for now.
Guido, by the way, what makes you think that HH will not be at CP for that much longer? I've tried to find info online but couldn't. Is his health deteriorating? Thanks.