First Global Data Ltd FGBDF

CONSOLIDATION POINTS FOR ATTRACTIVE ENTRY

[banx]

So far this month 32.7 million shares have traded at an average of 90 cents.
It's black and white--nothing to make up.
Doji can chart all he wants and come up with a plethora of hypotheticals but the reality is grounded in the 
hard numbers.
Sure, we may see some softening and pullbacks before we move forward.
This is the organic nature of a real market.
What Doji and his brethren do, however, is manipulate the stock by selling shares they don't own to create
optics that weaken investor resolve.
When I look at the peer group for FGD--Western Union, MoneyGram, Ria etc., all I see are valuations
in the billions of dollars for companies that have an accelerated expiry unless they adopt an FGD tech
model.
FGD's valuation is cheap given the space and peer group.
I remain long and see considerable upside based on my investment thesis.
I am not a day trader or interval trader but rather someone with an investment horizon that gives
a company enough time to achieve the potential I saw at the time of my initial investment.

 

 

House Positions for C:FGD from 20170301 to 20170329

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	8,538,363	7,607,004	0.891	5,927,786	5,293,577	0.893	2,610,577	-2,313,427
9 BMO Nesbitt	1,349,553	1,236,174	0.916	865,728	762,052	0.88	483,825	-474,122
79 CIBC	1,972,454	1,787,172	0.906	1,600,911	1,441,541	0.90	371,543	-345,631
88 Credential	584,689	525,336	0.898	217,300	195,963	0.902	367,389	-329,373
13 Instinet	1,488,500	1,332,340	0.895	1,258,513	1,126,793	0.895	229,987	-205,547
89 Raymond James	295,700	269,390	0.911	101,000	95,840	0.949	194,700	-173,550
15 UBS	125,945	113,786	0.903	27,000	23,490	0.87	98,945	-90,296
143 Pershing	116,950	102,157	0.874	30,249	27,233	0.90	86,701	-74,924
62 Haywood	135,000	123,995	0.918	87,500	81,425	0.931	47,500	-42,570
83 Mackie	45,000	40,000	0.889	0			45,000	-40,000
14 ITG	54,340	48,007	0.883	26,040	22,843	0.877	28,300	-25,164
53 Morgan Stanley	24,000	22,135	0.922	2,500	2,250	0.90	21,500	-19,885
70 Manulife	20,000	16,000	0.80	0			20,000	-16,000
57 Interactive	17,060	14,343	0.841	4,500	3,860	0.858	12,560	-10,483
39 Merrill Lynch	25,500	22,575	0.885	15,500	14,165	0.914	10,000	-8,410
101 SG Capital	238,000	210,705	0.885	228,000	210,440	0.923	10,000	-265
22 Fidelity	20,965	18,271	0.872	11,152	9,906	0.888	9,813	-8,365
68 Leede	37,500	32,490	0.866	30,000	28,000	0.933	7,500	-4,490
36 Latimer	5,600	4,918	0.878	0			5,600	-4,918
48 Laurentian	1,200	1,056	0.88	0			1,200	-1,056
28 BBS	97,430	91,084	0.935	97,000	88,500	0.912	430	-2,584
18 Echelon	25,000	21,500	0.86	25,000	22,500	0.90	0	1,000
76 Industrial Alliance	45,000	40,000	0.889	47,000	39,530	0.841	-2,000	-470
94 Hampton	0			5,000	4,900	0.98	-5,000	4,900
58 Qtrade	220,200	198,219	0.90	226,927	194,597	0.858	-6,727	-3,622
72 Credit Suisse	0			9,000	8,370	0.93	-9,000	8,370
19 Desjardins	483,533	428,102	0.885	511,280	462,824	0.905	-27,747	34,722
74 GMP	21,700	20,177	0.93	56,111	49,283	0.878	-34,411	29,106
33 Canaccord	117,500	108,235	0.921	207,000	192,945	0.932	-89,500	84,710
99 Jitney	3,790,000	3,391,020	0.895	3,882,500	3,483,985	0.897	-92,500	92,965
124 Questrade	613,694	552,352	0.90	747,512	675,859	0.904	-133,818	123,507
80 National Bank	654,300	575,617	0.88	973,744	873,065	0.897	-319,444	297,448
85 Scotia	2,745,991	2,484,299	0.905	3,251,173	2,926,115	0.90	-505,182	441,816
59 PI	354,000	318,935	0.901	932,000	842,750	0.904	-578,000	523,815
2 RBC	3,339,231	2,997,286	0.898	4,713,687	4,182,570	0.887	-1,374,456	1,185,284
1 Anonymous	5,051,978	4,549,392	0.901	6,537,263	5,916,901	0.905	-1,485,285	1,367,509
TOTAL	32,655,876	29,304,072	0.897	32,655,876	29,304,072	0.897	0	0

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