Some Interesting Data on Friday's Trades
The stock was very quiet until the last few hours of
trading. We had over 200,000 shares trade in that time period.
There were a total of 158 trades for the day. There were
120 trades during the last two hours.
The biggest players were as follows:
.......................BUYERS....SELLERS
Levesque Beaubien....48,000....32,000
First Marathon...........47,000.... 2,000
Moss Lawson............44,000....10,000
Midland Walwyn.......42,000.... 6,000
Nesbitt Burns............30,000....51,000
Jones, Gamble...........27,000....32,000
Canacord...................3,000....31,000
CIBC ......................10,000....10,000
TD Services...........................36,000
It is possible that investors are expecting a news release
next week, and they wanted to be in before the start of next
week. It is also possible that they plan to make a news release
on Monday, and a "rumor" started to spread, which said that
they struck a big one. Time will tell. There is one thing
for certain, next week is going to be interesting.
I have no idea why Canacord were sellers. It is possible that
they had stops losses entered, or maybe they feel that they
have a dry well. |
