GREY:COLUF - Post by User
Post by
bankerboy28on Dec 20, 2013 6:37pm
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Post# 22028819
MOC trades
MOC trades
it happened with alot of gold stocks today....and its usually US firms like Merril Lynch or Citi that put in these MOC trades and blind side the retail investor....should be not allowed but it is...they sell down at close because they have order to do that like a millisecond before market close...tax loss selling before weekend and US firms trying to make their portfolios show no Canadian gold stocks eh!....they do the same with dumping on some oil and gas stocks and just temporarily destory them....they usually come back over time...usually the US fund companies buying them back the next quarter....unfortunately the small retailer takes it in the teeth....you have to know all the rules of the market and even then its never in the small retail guys favor....BB28