RE:RE:RE:wierd first 10 minutes of trading!Actually it was 940 to be precise. It was Instinet Canada Limited which is an algorithmic trading service. I guess the program waited till it seen a good chunk of shares to sell. They sold to more than one brokerage so it wasn’t a block trade but it was a large number of shares like around 21K. So far it’s the day low. They say these programs are pretty good like 80%. I’m not sure in this case since there’s a lot of stuff happening. Time will tell.
It’s going to be a very choppy today since we are in a good storm now. I’m hoping at the close we are only down 5% but in the long run it really doesn’t matter as long as copper doesn’t crash.