It may have to churn sideways for a bit to create a money base.
It did that at 2.30-2.60 for a month or so. Real consolidations can take a little while.
Is this our new price channel? 1.40-1.45?
That poor guy at OTC trying to unload those 1.45's. VFCM has marked a ton of 1.4495 lol
What they did was they took the order over to CSE, and you can see it on the ask at CAD$1.83 ... but 1.45 US is CAD$1.8182
Scotia MM trying to make an extra $1000 on the deal putting it 0.01 higher than it really needs to be. They won't even do any "work to the center" averaging for him.
OTC MMs running as much as a 5 cent spread with CSE only 1 cent.
It's clear MM's have their own agenda today and can't be bothered with filling any real orders unless you're willing to pay them extra.
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