Post by
Sukhi19 on Mar 23, 2018 7:32pm
WAITING GAME
It may take another two weeks or so for the NCIB procedural process to be completed.
Till then unit price will stay under pressure. With a particular seller/sellers from #80 selling constantly and always at a lower price, it would be difficult for unit price to rise. It makes an effort but again it is pushed down. National Bank participated only at $9.80. Selling at these prices does not make sense (unless it is a short seller). There are buyers as spike to $7.48 at 03:47 PM indicated but sellers were quick to off load to again pull the unit price down.
Loomimg trade war is playing havoc with markets.
KWH.UN will also get affected if the whole market is getting smacked.
Comment by
robnhood on Mar 24, 2018 7:40pm
<< Selling at these prices does not make sense (unless it is a short seller).>> Why? Are short sellers evil doers? or do they hope to make dough?