Longford Energy Inc V.LFD

Cannacord!

[Diesel78]

 Cannacord just downned a 2 mill shot of lfd~  eom

[farml1234]

looks like Cannacord has bought about 2,850,000 already this morningWOWJMHO

[Invesking]

hmmmm... but 2 million of that was a Connacord to Connacord cross...Any unbiased thoughts?

[sumeroil]

my unbiased thought is, who the %#$* sold?

[sdeell1]

true, but you still gotta like the 800k bought on the open market. Something might be up but dont know what. Not suppose to spud until 2nd quarter so beats me. Glad to see some action regardless.Anyone with any ideas what could be going on?

[jlmans1]

House Positions for C:LFD from 20110125 to 20110125 House Bought $Val Ave Sold $Val Ave Net $Net 33 Canaccord 3,260,500 1,431,910 0.439 2,043,000 899,105 0.44 1,217,500 -532,805 79 CIBC 151,750 65,870 0.434 8,000 3,527

[dreamer05]

Sometimes it might happen that cross trading involved the same person or  2 people working together. That is, from  right hand  changing  to the left hand. The price one pays to the other is  not relevent., since the shares and money stay in the same person's hand . However this practice does create an impression that the stock price goes up to fool people

[coquitlam]

that trade is illegal and I doubt that was the case, since it'll be very easy for regulators to fine you. Last year I tried to trade between two accounts, and  I received the call to explain why I did put the trade. I had good reason, but was strongly told to not do it again.