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Bullboard - Stock Discussion Forum Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s):  TWMIF | T.TWM.DB.A

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various... see more

TSX:TWM - Post Discussion

Tidewater Midstream and Infrastructure Ltd > Manipulation? To what purpose?
View:
Post by pierrelebel on Dec 21, 2023 4:14pm

Manipulation? To what purpose?

Today TWM traded nearly 300,000 shares. After touching $1.03 this afternoon, they were up to $1.02 until 3:59 with over 10,000 traded at that price at 3:58 and 3:59.

Looked good for the day.

Then, at 4:00 1,500 shares (including two odd lots) traded at $0.98 to close at $0.98, down for the day!

It stinks.


Comment by Mephistopheles3 on Dec 22, 2023 6:33am
Potentially - I just saw what you were talking about.  There was some tiny transactions between Virtu & Citadel that drove it down at closing.  I've often seen Virtu accounts mess around in the morning and at closing with other small cap stocks - they do look like they're fishing for stop losses and algo orders and do small orders to try to trigger these. That's why I ...more  
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