CORMARK securities trading activity in TDC very strange

TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

skeleg

Rank: President [?]

Points: 4906 [?]

Votes: 89 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

CORMARK securities trading activity in TDC very strange

posted on Feb 23, 2010 12:26PM

If you look at the level II right now, you'll see that CORMARK securities is deliberately driving the price down by selling lots of 500 shares repeatedly, at lower and lower prices.

Very strange to have 30 or so transactions of 500 shares each.

But the last time I saw cormark buying, they also bought in lots of 500. I think they may buy for a set of individual clients, and move them in to and out of stocks to milk clients by commission charges. I can't see any other reason a trader would do so many tiny buys and sells.