Watching GMP and UBS buying more then 50% of the shares sold today had me wanting to add some more EUO as well but I do have a mitt full already so I fought off the urge. I have been working on putting together a big cash position in my portfolio in time for tax loss season so buying is something I fight everyday. I am at almost half cash now so I will be ready for what I expect will be the best tax loss bargain hunting in a few years come mid December. I really feel that those tax loss buys have been my most consistent winners over the past few years with doubles and better being the norm after just a two or three month hold. In this tough market you got to take the winners where you find them and for me its tax loss sellers that provide them.
That being said watching those two houses go at it since the news was released on EUO is awfully tempting.Just under a million shares since Monday.....
| House Positions for C:EUO from 20151109 to 20151111 |
| 74 GMP | 615,000 | 101,490 | 0.165 | 0 | | 615,000 | -101,490 | | 15 UBS | 361,000 | 58,956 | 0.163 | 0 | | 361,000 | -58,956 | | 2 RBC | 512,195 | 86,168 | 0.168 | 232,000 | 37,789 | 0.163 | 280,195 | -48,379 | | 83 Mackie | 270,000 | 44,875 | 0.166 | 0 | | 270,000 | -44,875 | | 143 Pershing | 185,000 | 30,173 | 0.163 | 0 | | 185,000 | -30,173 | | 124 Questrade | 100,000 | 16,450 | 0.165 | 20,000 | 3,500 | 0.175 | 80,000 | -12,950 | | 7 TD Sec | 560,240 | 92,037 | 0.164 | 491,162 | 81,533 | 0.166 | 69,078 | -10,504 | | 13 Instinet | 87,500 | 14,742 | 0.168 | 51,000 | 8,674 | 0.17 | 36,500 | -6,068 | | 58 Qtrade | 24,500 | 3,765 | 0.154 | 0 | | 24,500 | -3,765 | | 33 Canaccord | 20,000 | 3,500 | 0.175 | 0 | | 20,000 | -3,500 | | 88 Credential | 10,000 | 1,650 | 0.165 | 0 | | 10,000 | -1,650 | | 19 Desjardins | 5,000 | 850 | 0.17 | 0 | | 5,000 | -850 | | 95 Wolverton | 1,312 | 208 | 0.159 | 1,135 | 180 | 0.159 | 177 | -28 | | 39 Merrill Lynch | 2,000 | 310 | 0.155 | 3,000 | 494 | 0.165 | -1,000 | 184 | | 22 Fidelity | 0 | | 20,000 | 3,299 | 0.165 | -20,000 | 3,299 | | 85 Scotia | 282,750 | 47,132 | 0.167 | 321,250 | 51,488 | 0.16 | -38,500 | 4,356 | | 99 Jitney | 46,500 | 7,792 | 0.168 | 87,500 | 14,355 | 0.164 | -41,000 | 6,563 | | 9 BMO Nesbitt | 11,000 | 1,840 | 0.167 | 98,500 | 16,151 | 0.164 | -87,500 | 14,311 | | 80 National Bank | 54,000 | 8,434 | 0.156 | 159,000 | 26,470 | 0.166 | -105,000 | 18,036 | | 79 CIBC | 34,950 | 5,416 | 0.155 | 298,000 | 47,613 | 0.16 | -263,050 | 42,197 | | 1 Anonymous | 679,100 | 110,846 | 0.163 | 2,079,500 | 345,088 | 0.166 | -1,400,400 | 234,242 | | TOTAL | 3,862,047 | 636,634 | 0.165 | 3,862,047 | 636,634 | 0.165 | 0 | 0 |
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