RE:TLT TradingYes a rapid rise in share price, like you describe, is especially possible if any of this SP walkdown includes shorting. ;-)
xodcode wrote: Hard to believe that with 200 million shares, TLT rarely trades over 200 thousand Canadian shares on any given day.
As such, it doesn't take much to move TLT's price. It hasn't taken a huge number of shares to drivr the price back to $0.27 from recent highs.
Any positive "vaccine" news and/or "bladder cancer" news, given the lack of sellers that we have seen during this recent TLT price drop, will see a rapid recovery in share price, as daily volume increases, probably well above previous highs.
I'm a holder, and buyer when funds are available, of TLT shares as my crystal ball, like some others here, see $2 to $10, on any convincingly positive TLT news.