IKN

full of sound and fury, Signifying nothing

Chart of the day is….

…Taseko Mines (TKO.to) two day chart.

Background: Taseko Mines is a dual-listing stock, trading under TKO in Canada and TGB in The USA. As we know, yesterday was Thanksgiving in The USA and its markets were closed, whereas Canada’s were open. 
I find the above chart symbolic of the corruption and sleaze of the Canadian markets, because even though TKO trading yesterday and even though the market knew about the investigation in the stock from very early on, its price hardly moved. In other words, all the Canucks go “Investigation? Who gives a rat’s tush?”. But as soon as the US market opens, it’s pretty clear the people holding this stock there do care.

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