Welcome To The VIT Chat Board

The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

Free
Message: volume

Re: volume

in response to by
posted on Dec 24, 2008 12:23PM

today is the last day for tax loss selling on the Canadian exchange

in my judgment this is why we saw 1 million trade on a day which one would expect to see reduced volume.

early in the day there was a 400,000 or 500,000 in house exchange, i think at TD?

the level 2 does not show the whole day when there are many trades so that was just what noticed earlier in the day


almost all of the rest of the days selling was done by Merrill lynch Canada and they were not buying back. bought by misc. people.

so the entire day was made up of these two i think.

Share
New Message
Please login to post a reply