Azucar Minerals Ltd T.AMZ

Let me get this straight ............

[twinpeekes]

Pescod writes TODAY about AMZ and tries to explain why investors might have been selling ..... WHEN THE INVESTORS WHO WERE DOING ALL THE SELLING WERE CANACCORD. They have known why they were selling for the last 2 weeks.

Perhaps mid-race they decided their 3 legged horse wasn't quite as good as a nearby thoroughbread and they switched mounts so to speak.

Broker Positions for C:KCL Broker #33 from 20101026 to 20101026

Date	Bought	$Val	Ave	Sold	$Val	Ave	Net	Position	$Net	$Position
20101026	1,998,250	7,892,952	3.95	1,363,724	5,376,635	3.943	634,526	634,526	-2,516,317	-2,516,317
TOTAL	1,998,250	7,892,952	3.95	1,363,724	5,376,635	3.943		634,526		-2,516,317

On further inspection, maybe they switched horses at the beginning of the race and forgot to tell the jockey !!

20101015	1,039,300	4,092,231	3.937	1,048,765	4,129,241	3.937	-9,465	18,169	37,010	-84,784
20101018	64,791	243,511	3.758	14,100	53,908	3.823	50,691	68,860	-189,603	-274,387
20101019	134,500	456,499	3.394	25,337	85,852	3.388	109,163	178,023	-370,647	-645,034
20101020	365,100	1,302,030	3.566	5,500	19,555	3.555	359,600	537,623	-1,282,475	-1,927,509
20101021	42,100	145,303	3.451	7,700	26,373	3.425	34,400	572,023	-118,930	-2,046,439
20101022	6,300	21,580	3.425	3,525	12,037	3.415	2,775	574,798	-9,543	-2,055,982
20101025	99,694	336,882	3.379	2,150	7,245	3.37	97,544	672,342	-329,637	-2,385,619
20101026	1,998,250	7,892,952	3.95	1,363,724	5,376,635	3.943	634,526	1,306,868	-2,516,317	-4,901,936
TOTAL	4,216,820	16,364,093	3.881	2,909,952	11,462,157	3.939		1,306,868		-4,901,936

WOW !! As I dig a little deeper, How did such volume come about a few days ago. Oh I see, a Canaccord Cross trade. Now how did they get all those shares to sell at this time of year ???????

13:52:58

T

3.94

-0.08

1,000,000

33 Canaccord

33 Canaccord

K

If I was going to the race track .... I think I know which horse I would bet on.

Any thoughts other than "booking profits". I have a feeling they may be booking profits right down to $2.00.
It seems odd that they still liked AMZ in the morning .... and then all of a sudden they didn't like AMZ anymore.

Twinpeekes