Re: Jan 05 Pick

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Re: Jan 05 Pick

in response to

Jan 05 Pick

BOW2U

posted on Jan 05, 2011 08:20AM

BOW2U,

I agree it is a golden day for Canadian Hockey!! Let's hope it is also a golden day for SLI.

I have a question for the board;

"There appeared to be 2 extremely large orders (250,000 shares) placed late in the day by the same house (RBC) for exactly the same amount and at the same time. One on the ask (sell) and one on the bid (buy). Would this possibly be a mistake by the trading house or why would someone do this?"

If it would be the shorters or one individual I don't understand this strategy can someone help me out?