RE:RE:RE:santa rally POU is down 9% today.
I thought VII was the turkey in the group but not so. In the last three months, the whole Canadian sector is down. So over the last three months we see:
VII down 39%
POU down 54%
ECA down 48%
ARX down 40% and TOU down 21%.
It seems to me that the algos are set each day to "pick on" different companies.
I can't see this shorting being carried out by anyone but the big banks.