RE:RE:Speaking of Latimerstockhousenewb wrote: Thanks Charlie, what exactly does this mean? Is it trying to be held down or what do you believe is happening?
If I knew what it meant I would be a Billionaire!
I watch the daily trading of all stocks I own (and have been for close to 20 years) and I am convinced that a large % of shares traded daily are shares controlled by approx 5 entities who have spread their large holdings over approx 25 Brokerage firms. Not only have they conveniently spread their shares around to a large # of different brokerages but they also use the many ATS exchanges available.
When I run a report for a year's House Positions for let's say TNY, the majority of Brokerages have an almost neutral position after tradings many millions of shares.
They have the ability to go short/long for an hour/day/month. Because it is only 5 + Players controlling the action they need a "quarterback" to code into the different exchanges and brokerages in order that short/long positions can be executed but also to maintain order so that the positions of the Brokerages involved remains stable.
The last Latimer trade shows:
| 14:31:57 | C | 0.90 | -0.02 | 117 | 85 Scotia | 36 Latimer | E |
Amazing a trade for 117 shares!
Well, that 117 has meaning to the Algos of the Traders who have codes established that dictate what the other entities will do.
Remember none of this is Retail Mom and Pop traders!
This is the House trading and the House never loses!
This is the Conspiracy theory that has imprinted in my brain in order to make sense of what the hang is going on. Trading is all Smoke and Mirrors and it is my dream to download all trades on a Statistical Software (SPSS) and analyze a years worth of trades in order to see what activity occurred after a coded Latimer trade.
If there is a defined pattern, well I have just found my way to the Billionaires Club. Just remember there is a pattern!
My opinion of course! (I am probably 100% wrong, but I think I might be 75% right)!