RioCan Real Estate Investment Trust T.REI.UN

Market is so manipulated

[gashole]

I used to think it was just BS the markets are manipulated, but its completely true... I put a sell in for 40,000 shares of REI.. Not an open market order, a limit order, so the stock dropped instantly the buy bid went to $17.72, the bid when I placed the order was $17.75... so I had no fill at all...... Its all manipulated by BOTS and algorithims....

[stockprofit1]

Why are you selling. You think it will go down below 15 again

[SirCharlesV]

I envy you for getting out of REI. About a month ago REI and AC were both under $15, now Air Canada is above $26 and REI stuck in the $17's and trending lower. I would have sold too but just waiting until January to avoid an even heftier tax bill this year from my capital gains. 

[Sapho]

You are so right about algo and bots. 

[stocktalk]

Would a market order of 10 k shares at a time not alerted the bots and algorithims? Your brokerage firm/bank would of made four com trade transactions at it keeps them in business.

[gashole]

Probably, but I solved the problem by putting my ask up to 17.78, I filled a few, then when the bid was 17.76, I put my ask at 17.75, and I managed to fill everything.. I then sold another 10k around 17.69, and am just holding the remaing few I have long term........ Sold most of my HR also. I think things get worse before they get better, vaccines are coming but its going to be 3 months before