RE:TD and CIBC controlling volume in Canada...Ricksterh1 wrote: These houses are trading the biggest volume and are pretty even on the buy and sell side. Until we get greater participation, they can control the price movement. Morgan Stanley a big buyer this morning, almost plus 100,000 shares net. CIBC and TD net sellers but a few thousand shares. So guess we shall be held in place by these guys unless some big orders come in or some other traders get in the game. Nothing better a trader likes than a stock on the move and they can control the price!! Good old "Anonymous" is a net seller as well.
CIBC and Anonymous are short. Simply recycling shares looking for a way out. MT fired with cause,Replaced by Kupinsky on BOD plus Oberman and earnings call. Shorts are trapped.