BB this close was gold for a paranoid Magna watcher.
At about 3:35 PM: 100,000 sell plus 15,000 sell. 15% of 100,000.
Someone knocked those off.
Immediately replaced by 100,000 sell plus 15,000 sell. 15% of 100,000.
At entry to auction period: 90,000 buy @ 5.0 matched by sell 13,500 @4.3: 15% of 90,000.
Bid entered 200,000 @ Offer at 4.3 increased 43,500. 15% of 290,000
200,000 pulled and 30,000 sell pulled": 15%
90,000 buy pulled. and 13,500 sell pulled.
Vwap today 5.0
Magna conversion rate tomorrow 4.163
Monday to Friday next week conversion rate 4.163 So suspect will be no action from Magna.
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