Algo trading?

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Algo trading?

posted on Aug 16, 2017 06:42PM

Posted on SH by Oiltar:

From SBB

James,

Thank you for your email.

We believe today’s selling was triggered by algo trading on a sell order and that got the ball started.

We are looking into the issue.

Nicole Hoeller
Vice-President, Communications & Corporate Secretary
Sabina Gold & Silver Corp.
# 375- 555 Burrard Street (Two Bentall Centre)
Box 220
Vancouver, BC V7X 1M7
Tel: 604 998-4175
Toll free: 888-648-4218
Read more at http://www.stockhouse.com/companies/bullboard#FxXLZpdA1xf3EDTy.99

Personally I have a hard time believing that auto generated selling could be so unintelligently set up. If it's true, it's an expensive mistake in this case - I hope.