Tue, Jun 18, 2013, 2:33 AM EDT - U.S. Markets open in 6 hrs 57 mins
I'm not sure why, but Genuity is selling hard. They've sold 1,220,000 shares and it seems they aren't letting up.Because SLW is a dual listing, in both canada and the US, the if the price gets impeded on the canadian side it will not go anywhere on the american side and vice versa.As I write, there was a significant push through Genuity's ask price, so now we are above it. the day's young, let's see what happens after 2 o'clock.A momentus day, silver moves over 0.66 in a day, i remember when it moved only pennies in a day for a year.good tradingchemaes
Big white candlestick today.Let's see a bigger one tomorrow.We could see a dollar up day.
IT's bloody hard reading these trades. Genuity just turned around and bought back 350,000 shares in the last couple of minutes.Now, was it a short position being covered or another large client at Genuity buying when a different client at Genuity was selling.It will take a while to figure this out with the addition of the extra 100 Million shares. There only used to be one or two really big houses, now 4 or 5 doing different things.
Wow. Somebody is shorting or capping the price at 16.88 by bidding 100 thousand shares at a time... 70K 30K 25Ks keep on coming at 16.88.