RECAP - first trade of the day... same buyer seller? | 0.115 | 1,500 | TSXV | 09:30:00 | | |
Well, it sure begs to question.... If it's the same buyer and seller.... If it is.... What person in their right mind would buy and sell their own stock - when its at a cost - though the indifference from .12 cents to .115 cents is miniscule x 1500 shares....
1500 x12 cents = $180
1500 x .115 cents = $172.50
The transaction cost - $7.50 if sold by the same person. A negative $7.50 to get the sell off going.
There's some sick people out there..... A cost of $7.50 to hurt all the Lil gain we achieved from good news. I wonder if the exchange would ever rectify such a thing?
Hence..... I say a weighted average should be instituted - on all exchanges to prevent such unfair play. Companies work hard..... Real shareholders want a company to succeed.
Poydras has pressed out some fantastic news - and from the first day of the big news - the stock should have responded - but there was resistance.
The next pressed news - a glimmer - and a road block.... Then more news of a new member a gain of .025 cents then culled back to a gain of .02 cents.
Today.... First thing - a predictive post - stating the second before trading. Hmmmm !
Then the above trade was made - same buyer seller? The ID states it is.... I sure would like to know.
Then to trigger the next slide downward.... A 300 share sell....
Each of the trades that took the stock down - was flagged by the exchanged and highlighted.
Bigger - you said you were going to call - let us know what you found out.... Thanks !