OTCPK:OEXFF - Post by User
Comment by
ditchdigger251on Sep 08, 2018 10:16am
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Post# 28584178
RE:RE:Manipulative Trading??
RE:RE:Manipulative Trading??Note that RBC (2) over the last 30 days has bought almost exactly 500 shares more than its sold over the same period (463,627 vs 463,126) - funny, huh? CIBC's total bought/sold trades over the last 30 days are also quite close (72,070 shares to the sell side or about 3.3% based on value). Maybe more than one house is engaged in 500 share trades. In any event it looks like none of the houses over the last 30 days have been overwhelming buyers or sellers and outside of CIBC (162,750 bought vs 635,000 sold & 86% of the day's trading volume) nobody really sold much of anything on Friday. That could have been one nervous individual selling their long position (pure speculation - I know) which shows that the overwhelming majority of the market is pretty much neutral. My take is that since Velvet's hostile offer in May the main theme has been a pretty obvious effort to shake as many long positions from the tree as possible using fear and uncertainty making next week in the IBR trading world anything but boring. I'm interested if anyone else has a different opinion.