Claren Energy Corp T.CEN

RE: RE: Share Buy Back announced

[gopats]

Check your numbers. Coastal started the buy back on May 25 (not 22nd) They announced the buy back on the 22nd. The stock rose in anticipation of the buy back and then Greece happened again and the price fell shortly after the buy back started Here are the average trade prices during the range in the news release.

House Positions for C:CEN from 20120525 to 20120531

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	264,800	3,983,033	15.042	150,700	2,251,824	14.942	114,100	-1,731,209
7 TD Sec	167,616	2,503,493	14.936	99,965	1,495,977	14.965	67,651	-1,007,516
73 Cormark	56,300	860,874	15.291	0			56,300	-860,874
39 Merrill Lynch	71,340	1,074,589	15.063	26,390	397,088	15.047	44,950	-677,501
99 Jitney	83,600	1,249,379	14.945	63,100	942,144	14.931	20,500	-307,235
16 Paradigm	123,500	1,841,672	14.912	105,790	1,573,885	14.877	17,710	-267,787
14 ITG	21,421	319,570	14.919	6,260	93,354	14.913	15,161	-226,216
13 Instinet	17,995	268,158	14.902	2,960	44,941	15.183	15,035	-223,217
85 Scotia	80,604	1,205,037	14.95	70,323	1,057,324	15.035	10,281	-147,713
36 Latimer	14,812	223,464	15.087	5,790	85,919	14.839	9,022	-137,545
1 Anonymous	144,200	2,165,353	15.016	136,000	2,032,610	14.946	8,200	-132,743
10 FirstEnergy	5,000	76,000	15.20	0			5,000	-76,000
68 Leede	5,400	79,404	14.704	500	7,430	14.86	4,900	-71,974
124 Questrade	6,300	94,490	14.998	1,932	29,729	15.388	4,368	-64,761
3 AltaCorp	2,200	32,212	14.642	0			2,200	-32,212
72 Credit Suisse	1,336	19,899	14.894	0			1,336	-19,899
9 BMO Nesbitt	25,868	383,700	14.833	24,742	365,484	14.772	1,126	-18,216
81 HSBC	500	7,567	15.134	0			500	-7,567
22 Fidelity	600	8,967	14.945	200	3,044	15.22	400	-5,923
83 Mackie	260	3,890	14.962	0			260	-3,890
95 Wolverton	1,400	20,956	14.969	1,400	21,602	15.43	0	646
101 Newedge	18,500	274,901	14.86	18,800	281,262	14.961	-300	6,361
89 Raymond James	1,800	27,477	15.265	2,250	34,012	15.116	-450	6,535
59 PI	0			1,500	21,900	14.60	-1,500	21,900
58 Qtrade	0			1,800	26,388	14.66	-1,800	26,388
46 Macquarie	875	12,985	14.84	3,600	52,234	14.509	-2,725	39,249
57 Interactive	70	1,045	14.929	3,248	49,932	15.373	-3,178	48,887
65 Goldman	11,800	174,174	14.761	17,900	268,504	15.00	-6,100	94,330
19 Desjardins	9,860	147,295	14.939	17,821	264,295	14.831	-7,961	117,000
33 Canaccord	11,600	172,487	14.87	28,180	422,847	15.005	-16,580	250,360
15 UBS	3,050	45,541	14.931	33,000	498,408	15.103	-29,950	452,867
90 Barclays	600	9,030	15.05	37,000	550,320	14.874	-36,400	541,290
2 RBC	12,255	182,639	14.903	51,395	771,595	15.013	-39,140	588,956
80 National Bank	6,419	93,086	14.502	48,635	723,682	14.88	-42,216	630,596
53 Morgan Stanley	14,300	212,827	14.883	96,300	1,444,488	15.00	-82,000	1,231,661
121 Jennings	0			128,700	1,962,972	15.252	-128,700	1,962,972
TOTAL	1,186,181	17,775,194	14.985	1,186,181	17,775,194	14.985	0	0

So Coastal paid on average $14.90 during that time and the average trade during that time was $14.985. I think they did OK. Not to mention they have bought far more this past week when the price was lower. You are searching for something that isn't there I'm afraid.