TSXV:PEC.H - Post by User
Comment by
hotrokon Aug 02, 2011 4:35pm
164 Views
Post# 18896374
RE: RE: CIBC is buying today
RE: RE: CIBC is buying todayShort answer is NO, I do not have any valid reason to believe the results will be good. Only thing I have to suggest a reasonable outcome with potential upside is the original valuation for the company at IPO time ($1.00/share).
i know a lot of work went into that and if they came up with that valuation on a risked basis, it's because the upside in their prospects in and outside portugal is significant.
i see that raymond james drove prices down. they;ve been the ones actively buying this stock for their clients since it started trading and now they're starting to reverse that trend... dont know what to think of it.
hopefully they're not in the know for upcoming news that may not be that stellar....
anyone else who's followed PEC has any thoughts??
TODAY's SUMMARY
BUY | | |
| % | Shares |
TD Securities Inc. | 61.0% | 103,200 |
Scotia Capital Inc. | 24.5% | 41,500 |
RBC Capital Markets | 4.7% | 8,000 |
CIBC World Markets Inc. | 4.1% | 7,000 |
The Jitney Group Inc. | 3.0% | 5,000 |
Questrade Inc. | 2.4% | 4,000 |
Raymond James Ltd. | 0.2% | 400 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Total | 100.0% | 169,100 |
SELL | | |
Raymond James Ltd. | 38.0% | 64,200 |
TD Securities Inc. | 27.5% | 46,500 |
Unknown | 15.4% | 26,000 |
Haywood Securities Inc. | 14.8% | 25,000 |
The Jitney Group Inc. | 4.1% | 7,000 |
Interactive Brokers Canada Inc. | 0.2% | 400 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Unknown | 0.0% | 0 |
Total | 100.0% | 169,100 |