Nothing pooping out in the house positionsI don't see anything that looks too suspicious in the house positions over the past three days. To me it really looks like a lot of trades where people are trying to time a positive news release within the 3 day settlement rule.
For instance: have a look at Merril Lynch. Bought 50k on the 19th and sold today on the 22nd (three days).
Comments?
Here are all the house positions for V: GUL from 2/19/2008 to 2/22/2008.
23 Records Returned
House Positions
Exch House Bought $Value Ave Sold $Value Ave Net $Net
V 33 Canaccord 65,000 15,539 0.24 170,000 39,745 0.23 -105,000 24,206
V 79 CIBC 124,000 29,230 0.24 217,500 49,469 0.23 -93,500 20,239
V 68 Leede 9,000 2,070 0.23 100,000 24,167 0.24 -91,000 22,097
V 1 Anonymous 44,000 11,031 0.25 102,500 26,350 0.26 -58,500 15,319
V 2 RBC 241,925 58,597 0.24 287,850 71,125 0.25 -45,925 12,528
V 62 Haywood 0 31,000 7,514 0.24 -31,000 7,514
V 6 Union 0 10,000 2,200 0.22 -10,000 2,200
V 81 HSBC 27,000 6,130 0.23 29,000 6,654 0.23 -2,000 524
V 141 Bolder 0 240 56 0.23 -240 56
V 39 Merrill Lynch 50,000 13,425 0.27 50,000 10,335 0.21 -3,090
V 95 Wolverton 1,170 273 0.23 1,085 269 0.25 85 -4
V 58 Qtrade 2,500 650 0.26 0 2,500 -650
V 5 Penson 5,500 1,155 0.21 2,500 662 0.26 3,000 -493
V 124 Questrade 3,500 875 0.25 0 3,500 -875
V 19 Desjardins 5,000 1,125 0.23 0 5,000 -1,125
V 9 BMO Nesbitt 223,000 49,708 0.22 209,500 49,462 0.24 13,500 -246
V 13 Instinet 25,000 6,625 0.27 0 25,000 -6,625
V 7 TD Sec 443,860 104,919 0.24 414,100 100,069 0.24 29,760 -4,850
V 64 Octagon 35,000 9,565 0.27 0 35,000 -9,565
V 88 E-TRADE 65,000 15,112 0.23 28,500 6,502 0.23 36,500 -8,610
V 80 National Bank 52,000 12,905 0.25 10,480 2,412 0.23 41,520 -10,493
V 99 Jitney 105,000 26,650 0.25 0 105,000 -26,650
V 85 Scotia 176,800 41,092 0.23 40,000 9,685 0.24 136,800 -31,407
Total 1,704,255 406,676 0.24 1,704,255 406,676 0.24 0 0