RE:RE:RE:RE:RE:RE:These are desperate times for shorters.If all you could do is sell. That makes no sense. Everyone would dump a price like they have been trying to at the last second of the day. Doesn't really matter. That dumb dump did nothing to affect the price today. Just shows as the closing price of 10.05. It's gonna open above 10.20 regardless if that loser wants it to or not. It's a scare tactics. 2 days in a row it's been done. And the gap upwards gets crushed as everyone just buys at market at the end of the day. Shorters gotta cover soon me thinks.
DiligentSon wrote: For what its worth, It's called the crossing session.
DiligentSon wrote: Yes slightfan. Closing volume and price are not effected. Not trades during the day that haven't been posted per se...but they can match bidders and askers at the closing price. My understanding is that the bid/ask were already factored in before close, hence why volume and price aren't effected. Certainly more complex than "brokers can trade after hours". Someone can explain better I'm sure
slightfan1 wrote: ". It looks like someone bought some shares at 10.16 after hours ".. NO, these are trades that are done during the day but not posted; I do not know why. After hours on the TSX can only be done on the price of the closing number; $10.05 in this case tonight.