RE:RE:RE:RE:29 closeYes public knowledge.
When we have an MOC with a large buy or sell order, 75% of the time it
goes in the right direction. Meaning if you have a stock to buy at 1,000,000 shares on MOC,
then 75% of the time the stock will go up and 25% it will go down. No guarantee.
Also, you really can't sell it on Nasdaq that easily since there is not much volume after hours on it.
Once about 6 months ago, if poeple can remember, we had a big sell on CXR and the stock dropped $1.25 at the close. It was Dec 18, 2015.
The stock was at $52.00 and the MOC close was at $50.41 on a big sell order like 500,000.
After that, people were selling on Nasdaq at a discount to have a quick profit.
Instead of $52CAN they were selling at $51.50CAN but on Nasdaq.
Hope this is clear.
YourMindIz wrote: m y question did not post. Is this public knowledge and if you know this can you sell on tsx and buy on the nas knowing this will take up the price on the txz on close? What would be the risk in doing this as I I don't see any risk but am I missing something?
YourMindIz wrote: Lattice wrote: Options expiry large MOC imbalance
portuga68 wrote:
wow big spike at the end 128000 volume in last few seconds