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Re: Mexico10 post# 62804

Saturday, 11/11/2017 10:39:12 AM

Saturday, November 11, 2017 10:39:12 AM

Post# of 128592
that post is wrong
https://web.tmxmoney.com/quote.php?qm_symbol=WEED

they have the last 25 trades right there, price dropped from $20.02 - $20.01 at 3:59. The MOC orders dropped the price down to $19.98

11/10/2017 4:00 PM EST Q 19.98 530,100 0.63 TSX 053 001
11/10/2017 4:00 PM EST Q 19.98 997,800 0.63 TSX 053 001

seller was anonymous. Two trades - two different options holders. It was a Market On Close (MOC) order. that is what the letter 'Q' is telling us. The buyer was Morgan Stanley Canada Ltd.

numbers are pretty close to this http://www.newswire.ca/news-releases/canopy-growth-corporation-issues-options-631847093.html

The MOC facility provides equal access and opportunity in settling the closing price, reduces volatility at the close, and guarantees anonymity of broker numbers and volumes.

Buying low, selling high is a tough way to make free money, this is easier.