RE: house 79 algos manipulation
House 79 has been doing this with KL every day, day in and day out for a long time. They are pretty much in full control , running the price up and down. Us little guys can only watch as we are being manipulated. Where is the trading commission oversight? And yes, the big hedge funds have been shedding their positions in the junior oil companies and to some extent in the larger oil companies. Although some fully integrated companies like Suncor are benifitting from the lower priced feed stocks which improves their refining spreads. On a bright note, if the price stays the same and they maintain the current dividend, it will only take me 4 years to break even on my Surge position. Thats if we don't get taken out on the cheap. GLTAL