Post by
notacasino on Apr 04, 2024 2:21pm
65 cents Canadian
This is getting brutal. We are getting chiseled away here with miniscule trades. There has been at least 60 trades today of 500 shares on the TSX. Do the math - 500 shares is worth $350 Cdn. I am quite baffled why there are so many small volume trades. I do not have level 2, so if anyone would like add their 2 cents worth please do so.
Comment by
Davinator on Apr 04, 2024 3:21pm
Notacasino....I don't whether to think it's one seller or a few but these 500-share sells (all through Morgan Stanley Canada) are blazing on one after the other! A few good NR's would make this end real quick. So anoying! The bloody day traders IMO...
Comment by
Nightstocker on Apr 04, 2024 4:00pm
We are hemorrhaging on the OTC as well, with volume 50% above average. If this death by a thousand cuts is coordinated, it's being done on both sides of the border. If it was just day traders tired of waiting, would it be limited to coming from one brokerage? Anyway, this ain't fun whatever is causing it.
Comment by
Davinator on Apr 04, 2024 4:51pm
Night where are you??? You've posted links to our Globe and Mail a few times so I assumed you were up here in Canada!
Comment by
Nightstocker on Apr 04, 2024 6:55pm
Hey Davinator, I live on Vancouver Island...you in Cabbagetown?
Comment by
Davinator on Apr 04, 2024 9:08pm
I knew you were a Canuck! You threw me off today commenting on the OTC, which I seem to pay zero attention to. And yes, Toranna for me.
Comment by
Nightstocker on Apr 05, 2024 1:47am
How are things at the Center of the Universe? OTC is a great indicator for stateside trends. When interest is high, their volume can double the TSX. Nothing like that lately tho.