Daytrading...Most of us study an investment..do our DD..and make a long term investment...I think it
is stunning the amount of daytrading that takes place...and how the daytrading affects
the market!
Here is 3 days of trading by only 4 brokerage houses. So Eas over 3 days was bought and sold
by the following brokerage houses: Remember just 3 days:
bought by Rbc... 2094. Sold by. Rbc... 2101
bought by scotia. 770. Sold by scotia. 549
bought by jitney. 770. Sold by Jitney. 905
bought by Nat Bank. 470. Sold by Nat B. 556
so in just 3 days ie Fri,mon,tues....these 4 brokerage houses bought and sold 4 million shares!
my guess.just a guess...that legitimate long term holders probably account for
20-30 % of volume maybe less!
Important that we be careful in reading posts from new posters that suddenly appear
on this board in last 2-3 weeks,,,,ie like they have been in touch with company and
have the following info.
The good news..is this is a great investment...and the long term holders will be the winners!
Btw..I have been around for quite a awhile and done a lot of digging on this company!
Don’t trust what I say do your own DD