CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

1mill offered at 6¢ why?

[luckytrader2]

i am in this since a while now  but 1mill at 6¢ offer is a lot to chew up.

[bearsbulls]

link?

[luckytrader2]

it shows up @ disnat ,  got 50,000 more at 5,5¢ then the offer showed 999,000@6¢     thats allnot to worry i suppose

[bigops]

many reasons for the large offer to sell...1. There has not been a lot of liquidity in this stock for a while so sellers have an opportunity right now to sell 2. People bought over a million shares this morning(!!!) between 4-5 and are trying to flip it for a huge % gain in a day3. The computers that are on the bid and ask quickly put on orders and if filled continue to trade...if not filled they

[jharbaugh]

Its funny because at market open today there was around 100 on the bid at 3.5 cents and a nice 999 figure on the ask at 4. That's why I was so shocked to see it at 5.5 when I had the chance2wmmx. Not because I don't think it belongs there and at much higher levels, but I thought the 4's would take awhile to go through. But they went pretty quick this morning.

[jharbaugh]

You make a great point bigops about the monetary value attached to that million volume. As I admitted before I was part of the million-share club here and at least two others said that too. If three people posting on here admit they have over 1M shares, its not too hard to assume some savvy investor is willing to lay down $60K.

[Kings_kid]

I don't think a mil is a lot of share is a lot at this price $60K, nothing for a avg size investor.  My 1.25 mil are safe and sound, there will be no selling for a while on my part, the best is yet to come!  Been on this bord for a long time and plan on sticking around.It's been a great day for all the longs so far, I hope you all stick around!!!!

[clarkesandy]

Been some real interest and volume the past few weeks. Also some great blogs and write ups by stockholders too! It looks like we are going to start catching INT and SCG which followed the same kind of breakouts. All in good time, but FUT looks to be charting up and setting up for a good run. I am sure the day traders will have their day but they will get left behind if this really