RE:RE:Computerized trades 39 Market activeGarth, you should read the whole post.... House 39 is involved in trading in almost every mining stock on the venture exchange. I posted a sample of the small cap, 5 to 25 cent stocks which are just a few of the several hundred stocks I watch.
I dont have market book for the big board as I rarely invest in larger market cap stocks.
As I mentioned , I suspect House 39 is an small cap ETF which trades all these small cap stocks in small volumes to image the market... This image would then set the value of the ETF... Thus the ETF holds only a very small net position in the Venture market... They hold the majority of the ETF investors money in cash.
I also posted the pairs trades L:ook at the time their pairs trades are placed that coincide with bids/ ask for the sells for VRB They also put in additional pairs trades when orders are placed .
Vitually every venture mining stock has a pairs trade put in on the market open.... all at 7:30
Note they did not buy or sell a single share today, and many other days, but they do get in front of bids and ask put in as I posted several days ago about the $20.00 skimed from someone elses sell order from CIBC.
VMS was a typical example of this trading activity.... as I posted the whole 16 months of House 39 trading activity..... over 500,000 shares traded with a net position of only 6500 shares.
House 39 is one example only of multiple computerized trading platforms .... It is just the easiest to detect on the venture market.
Considering this, the only way the ETF principle ( Fund itself) can make a profit is if the Venture market goes down.... The fund itself is essentually short the market which is reflecting a long position. They have a vested intrest in suppressing the venture market....JMHO
You asked about the House 39 orders..... thats my responce... Check it out for yourself.