Alternative exchanges Looks like the traders are using the Alpha and Chi-X alternative exchanges to screw with the share price.
Nearing the close, the buyers cleared out the alternative exhanges, and the TSX ask went to $1.71, with the bid at $1.70. But then new sell orders were placed on either Alpha or Chi-X, which forced the TSX ask back down to match at $1.70.
And there was more volume traded on Alpha and Chi-X than on the TSX.
It is obvious this new system was never designed to help the average investor, but that shouldn't be a surprise.
Still a good close, though. :o)