RE:Over 4M volume on last trade...........Hey Darb
I've seen this type of comment on the last second large buys for a few stocks, most notable being ENB.
I just went through and checked each of our holdoings for the close and all the following had big last second buys: AQN, BIP.UN, BMO, EMA, ENB, FTS, GRT.UN, IPL, KEY, NPI, PPL, T, TRP, This represents just over half the stocks we own.
I should add the buys are generally large relative to the normal trading volume but none touch the 2-6M that seem to routinely happen for ENB. The only other really big ones for today were ~3.9M for IPL, ~1.6M for Telus. and ~2.7M for TRP
It is quite odd. Some people on the ENB board think it's Warren Buffet taking a major position in ENB but I actually like your automated trading explanation more.
Ciao
Sarge
darb wrote: ........this has been a pattern of late. but never 4M!
Does this have anything to do with cumulative algorithm trades over the day?