Post by
sldiri27 on Jun 28, 2012 8:23pm
Buyers v Sellers
There were 611 trades today! I would love to comb through and find out who were the major buyers and sellers. I believe there was some institutional buying today and a plethora of retail selling due to panic. Unfortunately, right now I'm only able to see the last 30mins (30-40) of trades. Does anyone have a resource that will show all the transactions from today's action? I don't see this avaialble here on stockhouse,stockwatch,quotemedia... If we are able to validate that institutions are still buying, I see that as a good sign that things aren't as bad as today's huge selloff might look (on the surface).
Comment by
Majormac79 on Jun 28, 2012 8:39pm
Judging from what I saw Id say a big institution was selling not buying. It was a majority of selling coming from an "anonymous" throughout the day
Comment by
sldiri27 on Jun 28, 2012 9:38pm
Raptor where did you obtain this? Exactly what I'm looking for. I was at work and didn't have the full opportunity to watch the time and sales thoughout the day - just a short period of time.
Comment by
Majormac79 on Jun 28, 2012 9:46pm
That chart shows quite clearly it was one big seller that drove down the share price and not necessarily a bunch of individuals. I knew this from watching the day play out but hadn't known the exact numbers until he posted.. Quite an eye opener.
Comment by
sldiri27 on Jun 28, 2012 9:57pm
How do we know Annonymous is a monolithic entity? I was looking at it as being a generic label for those that can't be identified. I haven't been an investor in a company listed on the TSX-V until Woulfe so I'm unfamiliar with a lot of the brokers listed.
Comment by
Majormac79 on Jun 28, 2012 10:11pm
Its me just making a stupid asumption, its my gut feeling that its mostly "not all" one entity
Comment by
sldiri27 on Jun 28, 2012 10:11pm
and if it were monolithic, how would you explain the transactions where buy 001 to sell 001? as evidenced a couple times within the last half hour of time and sales today.
Comment by
Majormac79 on Jun 28, 2012 10:20pm
that is why i believe its mostly one entity not all transactions are, but again im probably talking out my butt
Comment by
sldiri27 on Jun 28, 2012 10:39pm
I'm starting to think it is an almagamation of Market Makers...certainly would explain today's driving down of the price! I think they saw a golden opportunity to prey on the fears of retail investors just to feed their greed.
Comment by
sldiri27 on Jun 28, 2012 10:40pm
after all, they are the opportunists!