TSXV:NYX.DB - Post by User
Comment by
bohikamon Aug 23, 2016 7:40am
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Post# 25166786
RE:RE:bid depth is dramatically improving
RE:RE:bid depth is dramatically improvingCanaccord is responsible for placing most of the NYX stock. They definately have had some sellers. The good news is they have placed almost all of the stock into new Canaccord account hands. If you look back to the beginning of the year you will see that Canaccord has done most of the big block trades on NYX and has been both sides of the blocks. They do let some retail amounts fly into the open market. Those small trades to me are just noise. I think looking back that they have done an OK job mitigating damages here.
Hopefully their research is real and not just designed to boost the depth of the bid in the market to support their selling
Anxiety levels high for monday
Hate being in this position.
Better days ahead.