Positions Awefully quiet on the BB wouldn't you say? That's what happens when the trolls at such places like Canacoord/TD are unable to play their games. The arbs are fully in here, and those who used to play games would get eaten alive if they tried those stunts again.
The goal for the arbs is very simple......Load up both sides (bid and ask) and make it look like we are going no where fast. The impatient retail then sell into their huge bid and feed them shares. Some arbs then will flip this a couple pennies higher, but most, if they've done their homework, will play the game of flipping this as the time value becomes more and more on their side.
House Positions for C:GWY from 20121101 to 20121101 |
79 CIBC |
234,600 |
520,812 |
2.22 |
0 |
|
234,600 |
-520,812 |
2 RBC |
33,300 |
73,926 |
2.22 |
95 |
210 |
2.211 |
33,205 |
-73,716 |
80 National Bank |
12,000 |
26,700 |
2.225 |
0 |
|
12,000 |
-26,700 |
15 UBS |
0 |
|
90 |
199 |
2.211 |
-90 |
199 |
7 TD Sec |
3,800 |
8,436 |
2.22 |
3,955 |
8,779 |
2.22 |
-155 |
343 |
53 Morgan Stanley |
0 |
|
2,000 |
4,440 |
2.22 |
-2,000 |
4,440 |
1 Anonymous |
0 |
|
5,000 |
11,150 |
2.23 |
-5,000 |
11,150 |
22 Fidelity |
5,000 |
11,150 |
2.23 |
20,000 |
44,400 |
2.22 |
-15,000 |
33,250 |
33 Canaccord |
0 |
|
21,000 |
46,635 |
2.221 |
-21,000 |
46,635 |
62 Haywood |
340 |
752 |
2.212 |
86,900 |
192,918 |
2.22 |
-86,560 |
192,166 |
11 MacQuarie |
50,000 |
111,000 |
2.22 |
200,000 |
444,045 |
2.22 |
-150,000 |
333,045 |
TOTAL |
339,040 |
752,776 |
2.22 |
339,040 |
752,776 |
2.22 |
0 |
0 |