Scotia has been accumulating shares for the last few months if you look at house positions. This algo program is just another tool to accumulate more shares slowly without moving the share price too much. Accumulation is the name of the game right now.

Glorieux

Still doing it, about every minute 42 seconds there is a 100 share trade between Scotia and anonymous @$1.45. Are these crosses or market maker trades or just more manipulation? Easy when there is no buying pressure.