RE:RE:Level 2 QuoteWasn't a fake bid as the trade volume increased when the bids got taken out.
The hedge funds play in both directions so they can be short one minute and long the next. Could have been a fund throwing in the big bids to suck retail into buying...we'll see.
Be interesting to see if the 52 week low can hold today. These funds can be relentless when they want to pile on and take a stock down. Thankfully BCE is big enough that eventually other funds with a longer term view will step in and stop the nonsense.
HB77
Number of Shares | Bid Price |
1,000 shares | 1,000 | 45.510 |
5,700 shares | 5,700 | 45.500 |
3,600 shares | 3,600 | 45.490 |
8,200 shares | 8,200 | 45.480 |
4,200 shares | 4,200 | 45.470 |
38,000 shares | 38,000 | 45.460 |
4,200 shares | 4,200 | 45.450 |
6,500 shares | 6,500 | 45.440 |
3,900 shares | 3,900 | 45.430 |
5,300 shares | 5,300 | 45.420 |