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Message: OT: Silver Based Memory Devices

Big John,

If you take a good look at the individual trades by date on the TSXV. The Data shows TD clearly trades to TD at an abnormal rate by any measuring stick. Although you're correct that TD has thousand of investors but other houses do as well. A while back I rejected the notion of wash trading or manipulation but I'm begining to eat crow here. I believe Legman's synopsis has some meat to it. Here are some very recent examples. SMF

Example 1 ~ Of the 284K shares traded Sept 6/13, 190K shares were TD to TD. Nearly 2/3 of the trading volume.

Trades for C:UC on 20130906 - 11 trades displayed
Time ET Ex Price Change Volume Buyer Seller Markers
11:12:18 V 0.02 -0.005 47,000 7 TD Sec 7 TD Sec K
14:14:15 V 0.02 -0.005 44,000 7 TD Sec 7 TD Sec K
11:12:18 V 0.02 -0.005 43,000 7 TD Sec 7 TD Sec K
14:14:15 V 0.02 -0.005 29,000 7 TD Sec 7 TD Sec K
14:14:15 V 0.02 -0.005 26,000 7 TD Sec 7 TD Sec K
11:58:36 V 0.025 25,000 2 RBC 2 RBC K
15:20:06 V 0.025 25,000 85 Scotia 85 Scotia K
11:58:36 V 0.025 21,000 2 RBC 2 RBC K
11:58:36 V 0.025 12,000 2 RBC 2 RBC K
09:55:39 V 0.02 -0.005 11,000 80 National Bank 80 National Bank KL
14:14:15 V 0.02 -0.005 1,000 7 TD Sec 7 TD Sec K

Example 2 ~ The next trading day of the 303K shares traded, 223K were from TD to TD. Nearly 3/4 of the daily trading volume.

Trades for C:UC on 20130909 - 9 trades displayed
Time ET Ex Price Change Volume Buyer Seller Markers
15:10:09 V 0.02 -0.005 100,000 7 TD Sec 7 TD Sec K
14:06:09 V 0.02 -0.005 77,000 7 TD Sec 7 TD Sec K
09:30:00 V 0.02 -0.005 30,000 1 Anonymous 15 UBS KL
10:43:45 V 0.02 -0.005 26,000 7 TD Sec 124 Questrade K
14:06:09 V 0.02 -0.005 23,000 7 TD Sec 7 TD Sec K
15:48:09 V 0.02 -0.005 23,000 7 TD Sec 7 TD Sec K
15:55:37 V 0.02 -0.005 10,000 80 National Bank 1 Anonymous K
09:30:00 V 0.02 -0.005 8,000 7 TD Sec 89 Raymond James KL
09:30:00 V 0.02 -0.005 6,000 7 TD Sec 15 UBS KL



Example 3 ~ The following day TD & Scotia were virtually the only sellers on the TSXV. 647K out of 647, 545 shares were sold by TD & Scotia.


Trades for C:UC on 20130910 - 16 trades displayed
Time ET Ex Price Change Volume Buyer Seller Markers
09:33:30 V 0.02 229,000 80 National Bank 7 TD Sec KL
10:20:41 V 0.015 -0.005 100,000 85 Scotia 85 Scotia K
10:20:41 V 0.015 -0.005 64,000 85 Scotia 85 Scotia K
09:33:30 V 0.02 31,000 58 Qtrade 7 TD Sec K
09:33:30 V 0.02 30,000 2 RBC 7 TD Sec K
09:33:30 V 0.02 30,000 58 Qtrade 7 TD Sec K
09:33:30 V 0.02 25,000 59 PI 7 TD Sec K
10:11:44 V 0.02 23,000 19 Desjardins 7 TD Sec K
10:20:41 V 0.015 -0.005 23,000 85 Scotia 85 Scotia K
09:33:30 V 0.02 22,000 2 RBC 7 TD Sec K
09:33:30 V 0.02 13,000 2 RBC 7 TD Sec K
09:33:30 V 0.02 9,000 58 Qtrade 7 TD Sec K
10:20:41 V 0.015 -0.005 8,000 85 Scotia 85 Scotia K
10:50:00 V 0.02 8,000 19 Desjardins 7 TD Sec K
10:09:56 V 0.02 2,000 80 National Bank 7 TD Sec K
10:50:00 V 0.02 575 19 Desjardins 95 Wolverton K


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