RE:RE:Please stop feeding the trolls
Gotta give someone props for perseverance ! Almost every time an offer gets lifted at almost any price, the seller is either Scotia, CIBC or Merril Cda or someone putting trades thru house 1Anonymous.
Curious that UBS, Morgan Stanley, Credit Suisse and Paradigm seem to be consistent on the buy side, all of this is almost exactly the same predominant trading pattern since Tuesday... although Cannacord is much less active.
Not sure what to read into it. Either one or more big sellers piecing out ALOT of stock... or more likely someone trading around a big short position.... keeping a lid on the market and working the price down whenever the opp exists.
The only problem is, there appears to be real buying emerging, and now that we are arguably in oversold territory... if I was short... and knowing the company has again made it clear to expect one or more very significant catalysts any day now... i would be getting a little edgy.... and getting more aggressive to cover.
I think the bottom is in guys.... and this is the beginning of trend resumption