It's probably more a result of the way we're all connected in realtime now, with pretty cheap commissions, also no immediate tax consequences in rrsp accounts, no paperwork to do either, it is so fantastically easy to flip shares around ... then with some houses you get cheaper commission for activity, i have to average three trades per business day to keep seven-loonie commish instead of 9.99 ... sometimes they're meaningful trades, often not, most common net result is selling too early in moves just to make a trade
Price, volume, news timing and occasionally the news headers, that's all most players are looking at now ... why, because it's easy, instant, wham-bam and the next ticker thrill will be along momentarily anyway so who cares ... fifteen years ago the connection of two deposits like that would have ogr at five bucks already and headed north from there, the great majority of shares traded would have had those decisions made on the basis of drill plans
gap.v - not much volume considering those warrants expire tomorrow |
