RE:RE:RE:What happened yesterday ? Did you see the volume? You don't get that kind of volume in an uncertain market. There was a huge push down with determination ... with a gap UP to start? Mid January on bad news we had huge volume, push down with gap DOWN.
yesterday we gapped UP 10% (makes sense, it was good news).... 10%. That is a HUGE gap up.. usually happens with a push UP. But then it nose dived.
as for Frankfurt, they always have low volume but their strike price is in line with ours. If nothing else, it gives u a pulse on market sentiment. And they were showing cautious optimism. They didn't go crazy, but they were trading above previous day's close.
sorry, big institutions set up us dumb money and triggered stop losses and started panic. I don't like this explanation because I feel like a conspiracy nut. It just feels cold and calculated. Why? Maybe for the simple reason of trigger stop losses and starting panic so they could re-enter at a BIG discount and reap the benefits of the turnaround
lb1temporary wrote: The premarket was short lived. At 10, we were under the water.
I cheked Frankfurt too; it was up only 2% with a volume of 70 k shares before the Toronto opening. That's not a bonanza!
Not sure that the premarket positions was from portfolio managers and professionnals. Maybe, more from individual investors.