Quarterhill Inc T.QTRH

question?

[Patroller]

How does TD make money buying at $1.75 yesterday and selling today at $1.68?

[Staydotcalm]

Two different traders. The one TD that sold today is the one that got lifted for 100,000 shares yesterday at 1.75

[ChiChi3]

TD, or any other broker for that matter, is no trading for themselves.  They have clients that book trades and they execute those trades.  I'm amazed at all the chat groups that think the executing broker is trading for themselves....and are usually accusing them of manipulating the market. chi

[Staydotcalm]

I disagree with you Chi 100%. I have been a trader all my life having worked on Bay Street. I have constantly taken major positions for myself. I knew Qtrh was going to be down today, U.S. holiday!

[ChiChi3]

Don't believe you Staydotcalm but I'll leave that alone.  I am interested on how you knew the stock would be down today though... chi

[Staydotcalm]

Usually when one of the exchanges is closed, there is less liquidity and you can move the markets. Td got lifted yesterday at 1.75 and I suspected they would try to push the price lower today, with less market participants. If they were not a trader, they would have offered at a specific price on the TSE and just waited for a fill. Instead they hit the bids. I have access to level ll and level lll

[ChiChi3]

With that we can agree Staydotcalm!   chi

[Staydotcalm]

The good TD is buying now! We have to be patient Chi and we will be rewarded!

[timclarkes]

I suspect a lot of these larger volume icebergs that pop and disappear are washes by the same person. Creating volume, seeing if they can free shares, direct/change movement. Definitely a played stock.