RE:500 pieces per trade , Why ?Brouwie
I posted last week that I thought TD wa capping/manipulating the price.
You can track the "W" trades on Stockwatch. They are at it again today capping the price at $.54.
Here is my post:
I have been tracking the trading over the last week and TD Waterhouse has put through a lot of "By Pass" trades as soon as the price starts to move up. Here is the definition of a By Pass trade 'W' : | By-Pass Trade | Regulatory Trade – indicating the "hidden" or iceberg portion of the order was not satisfied. Depending on whether the trade was used to move the price down in accordance with UMIR, or the ByPass Cross was put up, it may or may not set the last sale price. Please use the K marker to determine the last sale price. They are also included in the volume, value, and number of transactions. |
It is not clear what the purpose of these trades are, but it could be price capping for a large client. Time will tell. Read more at https://www.stockhouse.com/companies/bullboard/v.bbi/blackbird-energy-inc?postid=25716994#Ldc0misZrSeBmODW.99