RE:RE:RE:RE:RE:funny tradingOnce again, I respectfully disagree. Retailers don't know what board lots are, and they buy to their account limit, not to a share count, especially a nice round one like that. This is common manipulation, done on a microscale by groups that have an interest in ending the day red. It is all overcome by buying and selling at appropriate times, and it makes a market for those of us that know how to use it to our advantage, but it is certainly not retailers doing board lots.
Cheers!
Moemoney42 wrote: My take is retail is more apt to buy small amounts (ie: 1 board lot = 100 shares) thus that's why you see stink bids at 100 shares (1 board lot) which is from a dollar amount more condusive to small traders.. Aarman4 wrote: Respectfully disagree with you Moe, in the majority of my observations, retailers buy based upon dollar amounts, not share counts.
Cheers!
Moemoney42 wrote: I agree with stingray as well.. and absolutely these 1 board lot trades are retail IMHO.. little guys, Robin Hooders trying their hand at trading.. Aarman4 wrote: I agree with you, but if you look into it, 100 nshare common bids stinks of the share manipulation that is going on. These aren't retial investors doing that!
Cheers
stingray88 wrote: Bid 100 shares at 8.70 Ask 100 shares 8.72 ha ha. It's a $2 difference in purchase price.
Come on cough that Toonie, what a joke