Clearly, RBC (here!) is not a simple representative worker for several retailers, who should have pursueed highest available price when selling shares, i.e. sell close to the resist line and sell at the rebound.
Insteed, RBC (here!) is attacking the major support line from time to time, although that means they did not get the best available price, hence it is a loss = making less money or losing more money in THESE TRADES.
Why did they do that? I GUESS, Because they are big boys, Because they have a much more sophistigated plan - I guess - that is DRAWING A CHART WITH STEEP DOWN TREND, SCARE POTENTIAL BUYERS OUT, KICK WEAK HANDS OUT!!! Hence, eventually they can BUY LOTS OF SHARES AT MUCH LOWER PRICE and MAKE BIG MONEY when harvest season comes.
I am not sure WHETHER THIS BEHAVIOR IS LEGAL OR NOT, that is too complicated for me. I GUESS IT MAY BE IN A GREY AREA, IN THIS VENTURE INVESTMENT AREA - A WILD WAR FIELD with some legal decoration.
IF IT'S LEGAL and IF RBC IS MARKET MAKER HERE, THEN NOBODY CAN BLAME THEM. SIMPLE, THEY ARE HERE TO MAKE MONEY, LIKE YOU AND EVERYBODY HERE, including me.
SINCE THIS IS A GAME TO MAKE OR LOSE MONEY, YOU CAN DO WHATEVER LEGAL TO PROTECT YOUR INTEREST.
CONSIDERING WE COME TO THIS GAME VOLUNTARILY, SO IF U or ME R KILLED IN THIS GAME, THAT IS BECAUSE WE ARE NOT STRONG ENOUGH, NOT SMART ENOUGH, NOT SUITABLE FOR THE GAME. HENCE, IT IS OUR DESTINY TO BE AT THE BOTTOM OF THIS FOODCHAIN. OUR BODY IS THE FOOD FOR PREDATORS.
1. While I don't like what RBC is doing HERE, what yyz etc and Mr.Spec are doing here, I am NOT at the position to blame them for immorality. Because this is a GAME 4 $. Everybody can do whateve they want to do, AS LONG AS IT IS LEGAL. THERE IS NO SPACE FOR MORALITY IN THE WAR.
2. Most important thing for us is - CHECK YOUR OWN SITUATION, "AM I STRONG ENOUGH TO PLAY THIS GAME? AM I SMART ENOUGH TO PLAY THIS GAME?" IF YES, LET ME GO ON. IF NOT, LET ME LEAVE ASAP, or you can choose to be a sacrifice here, but don't expect anybody will treat you as a moral hero.