RE:RE:Today The trading in OBE was interesting and different today
I wasn't watching all day, but the period I did watch was interesting
The bid and ask volumes were changing continuallly between transactions on the TSX. Meaning other markets were affecting the TSX on a second by second basis or even split second basis
It wasn't just little trades either
At one point there were about 50,000 shares offered at 13.50.
The ask was jumping around from 13.45 - 13.50. Then the 13.50s got bought all at once and the bid/ask moved higher
I can't remember a time I've seen the bid ask lots jump around so frequently
Other comparables were not behaving that way
Seemed like too many chefs in the kitchen all at once, bumping into each other
Something different for sure. Will be interesting to see what happens next
Todays activity was company specific
Company specific activity is independent of market and commodity prices