GREY:QSLRF - Post by User
Comment by
HagenvTon Jan 07, 2015 3:31pm
96 Views
Post# 23295415
RE:RE:RE:RE:RE:RE:RE:Anonymous
RE:RE:RE:RE:RE:RE:RE:AnonymousFor me it looks like "someone" is succesfully trying to keep the price down at exactly 0.20$.
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Between 12:00 and 14:44 Toronto time the ask/bid was 0.23 (Jitney 5.000, Anon 10.000) to 0.185 (CIBC).
At 14:44 CIBC bought the 15.000 from Jitney and Anon at 0.23.
For a split second the ask/bid changed to 0.25 to 0.245.
Then, ask/bid changed to 0.23 (Anon 10.000) to 0.20 (Jitney 10.000 !?).
At 14:46 Anon sold 10.000 to Jitney at 0.20.
Right after that the ask/bid switched "back" to 0.23 (Jitney 10.000) to 0.185 (CIBC 10.000).
So the question is: why didn't Anon put an open ask offer of 15.000 at 0.20 in the time between 12:00 and 14:44 ? Why is he acting only, when the price exceeds 0.20.
This cannot not be done by "stop buy" or "stop loss" orders or other automatics. This looks intentional and very specific.
The question is: Why should anyone do this ?