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Re: railrider post# 229

Wednesday, 02/10/2021 10:22:25 PM

Wednesday, February 10, 2021 10:22:25 PM

Post# of 745
I don't think I can believe that, exactly. But trading is kinda weird with JUSHF on CSE (Canada), so maybe in some way what you describe could take place. But I tend to think this is either some kind of MM manipulation or an artifact of short covering (how? I dunno exactly how that might explain the price).

The first thing is, it's a relatively small number of shares to be "sweeping" down from 7.8x to 7.0 with nothing to catch them.

Second, I was there to catch some of them, for sure - 5,000 shares at 7.81 (see image below). But I didn't get 1 share and I had an order sitting there until it expired EOD. If you take a look at the attached image, you'll see my order that was placed earlier in the morning. I normally keep several orders laddered down to catch shares if/when the price dips. This just happens to be the lowest order I had active today. My other orders triggered off as the price dipped during normal trading prior to this spike in the chart. However this one never filled. So how can the MMs "sweep" through my bid like that? I wasn't able to sit there and watch, and so I didn't get to see that trade print on the tape (or multiple trades for that spike, whatever the case may be), however it may have appeared.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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