The buyers are in stealth today. Over 30% (157K) of today's total volume (505K) was transacted on the TriAct (TCM) ATS. National Bank (080) has been buying everything available on that ATS today.
National Bank (who I think has been one of Pinetree's brokers) has been selling relentessly all this month. Today is the first time they decided to come back on the buy side, so it's interesting they targeted the hardly used TriAct ATS to dark-pool their transactions on.
Also, we had the highest total volume today in 3 weeks.
Canadian Consolidated Montage