WTF is going on at Royal Bank of Canada? Down 66%?
(media.greatawakening.win)
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Interesting… Almost unbelievable… Let’s see Monday. If true, that’s crazy. Canadian banks like this one do not trade like this.
Ya it is super unbelievable. If this is actually true then the whole market is about to die.
https://www.nasdaq.com/market-activity/stocks/ry/after-hours
There were legit shares sold at 33$.
Maybe someone fat fingered a sell order or something else is going on.
Communism must be bad for business. Who woulda thunk?
On reddit too
https://amp.reddit.com/r/Baystreetbets/comments/msxv5s/royal_bank_of_canada_ry_listed_on_the_nyse/
I guess we see on monday but what if RBC is laundering money for child trafficking/drugs and the cat is out of the bag.
Actually. It’s about Citadel the MarketMaker/Hedgefund that shorted $GME to oblivion.
I think they completely pulled their money out of RBC
Also if this is legit and RBC is going under they have 900b CAD in assets. The ENTIRE market is going to feel this.
JP Morgan sold out $13B in bonds Thursday
BofA sold out $15B in bonds yesterday
And guess who sold a their stake in RBC? CITADEL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
if citadel just liquidated their position in RBC could it be to cover their losses on GME?
This might be bigger than I think.
Bank of America has 5,500,000 puts in GME.
WHOOPSIES!!
896 shares in two trades of 448 shares each at $33.75.
Not significant.
https://www.nasdaq.com/market-activity/stocks/ry/after-hours-trades
You dont really understand how buy and sell orders work do you?
ya I already linked that page.But good try.
Implosion of some sort?? Death of the CB??
Almost no After Market volume. That price means nothing. Someone put in a sell market order. Price just dropped down to wherever someone else put a buy order within that exchange. That is why you NEVER put in market orders in the after market. Not enough liquidity
No sales volume? Have you even looked at the day of trading?
How high is the volume right at close?
I just took a quick look at the daily chart. I would have to open my charting platform to look intra day. Normal daily volume. Friday was triple witching day. Final balancing just before the close could account for any last minute changes on the day