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Official Penny Stock Day Trade / Short Term

  • Last Updated:
  • Nov 27th, 2021 3:56 am
[OP]
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Sep 21, 2007
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Winnipeg
Treasury bonds 🤣
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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Nov 24, 2007
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Toronto
Wondering if I should average down on LABS, but it’s been such a pain for me, don’t want to dump anymore money into it...
Newbie
Jul 13, 2014
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Vancouver, BC
smileswithadimple wrote: Wondering if I should average down on LABS, but it’s been such a pain for me, don’t want to dump anymore money into it...
My aver is 0.81, don't know what I was thinking.. It was my first time buying something without a limit price
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Nov 15, 2013
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Toronto, ON
There will be full disclosure on UFO's/ET and the world will never be the same.
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Apr 18, 2017
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Toronto
Might be good to close the app for a month and forget about it lol
Deal Addict
Nov 14, 2006
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GTA
Everything down, have some stink bids up, but its scary out there
Deal Addict
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Dec 17, 2008
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Ontario
Sunway wrote: Please, don't ask for more money Crying Face
Trading resumed after few minutes without any news.
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Feb 27, 2015
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VMC.V

Low volume + no reason to hit the ask * Haywood Securities selling into the bid = a stock that keeps dropping.
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Dec 16, 2006
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Toronto
JRGUINNESS wrote: VMC.V

Low volume + no reason to hit the ask * Haywood Securities selling into the bid = a stock that keeps dropping.
What's up with their low share orders? I see them selling and buying back some small chunks.
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Feb 27, 2015
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oh_so_fly wrote: What's up with their low share orders? I see them selling and buying back some small chunks.
looks like they are selling off all the odd lot shares...

ODD LOTS


Orders with volume less than a standard trading unit are considered Odd Lot and do not trade in the regular Central Limit Order Book (CLOB).

On TSX, Market Making firms and their Registered Traders (RT's) perform auto execution of Odd Lots. The RT automatically guarantees a complete fill at the Protected NBBO for Odd Lot orders priced at or better than the opposite side's best price. If the Odd Lot order's price is not marketable (or if there is no RT) the Odd Lot order is displayed in the Odd Lot book and is eligible to trade continuously at its limit price (without regard to the CLOB price) and will trade at that price if an opposite side Odd Lot order is entered with the exact same volume priced at or better than the resting Odd Lot order's price OR against the RT if the opposite side TSX Boardlot lot quote becomes equal to or better than the oddlots limit price. Odd Lots only trade as "All or None" which means partial fills are not accepted. It is possible for the Odd Lot book to display orders with overlapping prices when resting Odd Lot orders match on price but not on volume.

Odd Lot Dealer Program

The role of the TSX Venture Exchange Odd Lot Dealer (VOD) Program is to provide a consistent and efficient way to service odd lot orders by providing an automatic immediate fill for incoming tradeable odd lots at the Protected NBBO. Odd lots resting in the TSX Venture Exchange odd lot book which later become tradeable due to a change in the Protected NBBO are also automatically filled by the Odd Lot Dealer at the Odd Lots limit price.

Unlike the TSX Market Making program, VODs are only required to service odd lots and do not have market making responsibilities.
Benefits to Odd Lot Dealers:

* Preferential trading fees and are eligible for a monthly symbol credit per symbol of responsibility designed to offset various costs incurred in carrying out their odd lot responsibilities
* Reputation benefit and industry-wide visibility associated with being an established trading firm that meets TSX Venture Exchange requirements

Odd Lot Dealers do not have any proprietary pre-trade information or access to information regarding trade order entry of other participants.

Odd Lot Dealer Firms

Haywood Securities Inc.
Leede Jones Gable Inc.
National Bank Financial Inc.
PI Financial Corp.
TD Securities Inc.
W.D. Latimer Co. Limited
Deal Addict
Mar 12, 2011
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Soooo.....average down or wait until next month?
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May 22, 2003
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Added to DFLY.CN at $1.61 Down today despite record revenue reported yesterday
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Aug 13, 2019
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I averaged down a few things, but going to wait until it's clear we are out of the woods for more. No way to know if this is a really bad day or the start of a bad week.

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