Updated House positions I believe the blackout period is 10working days. Looking at the house positions for the last week and today; majority of the selling is by anonymous, TD sec, and RBC... the latter 2 are perdominantly retail houses and anonymous well, that's anonymous... take a note of RBC and TD sec on the bottom report...
One should note that during this sell off, some of the institutional houses are still buying such as Byron, canaccord, and Morgan Stanley
I cannot firmly comment on the sell off one way or another... there could be neumrous reasons such as:
- Price adjustment because of the time gap between news
- Argex showing signs of going to the market for project financing... market adjusting to that
- PPG about to pull out or the deal with PPG may be at a much higher discount
The last one is probebly whats scarring majority of the people here... however if this was true then i don't believe Peter Handerson is legally allowed to sell.... I personally don't believe this is the case
IMO
| House Positions for C:RGX from 20130325 to 20130325 |
| 79 CIBC | 89,000 | 90,371 | 1.015 | 31,200 | 32,311 | 1.036 | 57,800 | -58,060 |
| 19 Desjardins | 65,000 | 65,000 | 1.00 | 20,000 | 21,000 | 1.05 | 45,000 | -44,000 |
| 37 MacDougall | 33,900 | 34,784 | 1.026 | 0 | | 33,900 | -34,784 |
| 75 MGI | 26,750 | 28,625 | 1.07 | 0 | | 26,750 | -28,625 |
| 46 Macquarie | 25,000 | 25,350 | 1.014 | 0 | | 25,000 | -25,350 |
| 33 Canaccord | 25,000 | 25,750 | 1.03 | 3,000 | 3,000 | 1.00 | 22,000 | -22,750 |
| 1 Anonymous | 203,700 | 212,115 | 1.041 | 184,500 | 188,888 | 1.024 | 19,200 | -23,227 |
| 63 Byron | 20,000 | 21,350 | 1.068 | 2,500 | 2,700 | 1.08 | 17,500 | -18,650 |
| 124 Questrade | 9,470 | 9,599 | 1.014 | 0 | | 9,470 | -9,599 |
| 28 BBS | 8,000 | 8,370 | 1.046 | 0 | | 8,000 | -8,370 |
| 36 Latimer | 12,001 | 12,281 | 1.023 | 4,300 | 4,426 | 1.029 | 7,701 | -7,855 |
| 9 BMO Nesbitt | 11,000 | 11,080 | 1.007 | 5,700 | 6,021 | 1.056 | 5,300 | -5,059 |
| 59 PI | 6,000 | 6,270 | 1.045 | 3,000 | 3,060 | 1.02 | 3,000 | -3,210 |
| 44 Jones Gable | 2,000 | 2,000 | 1.00 | 0 | | 2,000 | -2,000 |
| 101 Newedge | 6,800 | 7,019 | 1.032 | 5,900 | 6,261 | 1.061 | 900 | -758 |
| 39 Merrill Lynch | 20,300 | 20,610 | 1.015 | 20,300 | 21,745 | 1.071 | 0 | 1,135 |
| 85 Scotia | 14,400 | 14,902 | 1.035 | 15,300 | 15,977 | 1.044 | -900 | 1,075 |
| 143 Pershing | 0 | | 1,000 | 1,070 | 1.07 | -1,000 | 1,070 |
| 99 Jitney | 0 | | 2,000 | 2,120 | 1.06 | -2,000 | 2,120 |
| 80 National Bank | 3,000 | 3,030 | 1.01 | 6,001 | 6,396 | 1.066 | -3,001 | 3,366 |
| 13 Instinet | 0 | | 6,000 | 6,300 | 1.05 | -6,000 | 6,300 |
| 7 TD Sec | 96,100 | 99,127 | 1.031 | 129,500 | 134,733 | 1.04 | -33,400 | 35,606 |
| 2 RBC | 46,680 | 48,632 | 1.042 | 283,900 | 290,257 | 1.022 | -237,220 | 241,625 |
| TOTAL | 724,101 | 746,265 | 1.031 | 724,101 | 746,265 | 1.031 | 0 | 0 |
Houses for the last 6 working days...
| House Positions for C:RGX from 20130318 to 20130325 |
| 63 Byron | 489,905 | 550,300 | 1.123 | 2,500 | 2,700 | 1.08 | 487,405 | -547,600 |
| 1 Anonymous | 973,600 | 1,063,781 | 1.093 | 853,400 | 925,966 | 1.085 | 120,200 | -137,815 |
| 79 CIBC | 417,525 | 464,743 | 1.113 | 332,700 | 377,836 | 1.136 | 84,825 | -86,907 |
| 33 Canaccord | 85,900 | 99,947 | 1.164 | 3,503 | 3,580 | 1.022 | 82,397 | -96,367 |
| 9 BMO Nesbitt | 108,510 | 120,602 | 1.111 | 27,307 | 30,544 | 1.119 | 81,203 | -90,058 |
| 62 Haywood | 90,000 | 98,700 | 1.097 | 19,300 | 21,044 | 1.09 | 70,700 | -77,656 |
| 75 MGI | 56,550 | 61,111 | 1.081 | 21,500 | 24,785 | 1.153 | 35,050 | -36,326 |
| 37 MacDougall | 73,400 | 77,808 | 1.06 | 45,100 | 52,610 | 1.167 | 28,300 | -25,198 |
| 39 Merrill Lynch | 53,900 | 58,840 | 1.092 | 37,200 | 41,549 | 1.117 | 16,700 | -17,291 |
| 89 Raymond James | 11,000 | 12,050 | 1.095 | 0 | | 11,000 | -12,050 |
| 53 Morgan Stanley | 10,000 | 12,040 | 1.204 | 0 | | 10,000 | -12,040 |
| 36 Latimer | 12,340 | 12,659 | 1.026 | 5,402 | 5,662 | 1.048 | 6,938 | -6,997 |
| 90 Barclays | 3,700 | 4,402 | 1.19 | 0 | | 3,700 | -4,402 |
| 46 Macquarie | 25,000 | 25,350 | 1.014 | 21,800 | 26,007 | 1.193 | 3,200 | 657 |
| 57 Interactive | 2,750 | 3,289 | 1.196 | 0 | | 2,750 | -3,289 |
| 18 Euro Pac | 2,100 | 2,352 | 1.12 | 0 | | 2,100 | -2,352 |
| 44 Jones Gable | 2,000 | 2,000 | 1.00 | 0 | | 2,000 | -2,000 |
| 81 HSBC | 1,000 | 1,170 | 1.17 | 0 | | 1,000 | -1,170 |
| 143 Pershing | 11,900 | 13,000 | 1.092 | 10,967 | 13,030 | 1.188 | 933 | 30 |
| 28 BBS | 24,800 | 26,320 | 1.061 | 24,100 | 26,265 | 1.09 | 700 | -55 |
| 13 Instinet | 58,100 | 63,258 | 1.089 | 57,400 | 62,665 | 1.092 | 700 | -593 |
| 124 Questrade | 13,330 | 13,806 | 1.036 | 13,080 | 15,476 | 1.183 | 250 | 1,670 |
| 59 PI | 29,500 | 32,695 | 1.108 | 29,900 | 34,446 | 1.152 | -400 | 1,751 |
| 58 Qtrade | 0 | | 3,600 | 4,032 | 1.12 | -3,600 | 4,032 |
| 101 Newedge | 20,600 | 22,534 | 1.094 | 24,700 | 27,828 | 1.127 | -4,100 | 5,294 |
| 99 Jitney | 1,800 | 2,096 | 1.164 | 12,400 | 13,866 | 1.118 | -10,600 | 11,770 |
| 19 Desjardins | 117,800 | 126,824 | 1.077 | 129,400 | 149,402 | 1.155 | -11,600 | 22,578 |
| 70 Manulife | 0 | | 13,300 | 14,896 | 1.12 | -13,300 | 14,896 |
| 97 M Partners | 0 | | 14,000 | 15,960 | 1.14 | -14,000 | 15,960 |
| 83 Mackie | 7,000 | 7,420 | 1.06 | 26,500 | 28,355 | 1.07 | -19,500 | 20,935 |
| 15 UBS | 15,900 | 18,528 | 1.165 | 39,300 | 45,678 | 1.162 | -23,400 | 27,150 |
| 95 Wolverton | 25,000 | 26,350 | 1.054 | 50,300 | 54,505 | 1.084 | -25,300 | 28,155 |
| 22 Fidelity | 500 | 575 | 1.15 | 39,875 | 42,878 | 1.075 | -39,375 | 42,303 |
| 85 Scotia | 115,400 | 126,268 | 1.094 | 214,500 | 240,381 | 1.121 | -99,100 | 114,113 |
| 80 National Bank | 23,550 | 26,019 | 1.105 | 178,701 | 195,085 | 1.092 | -155,151 | 169,066 |
| 2 RBC | 323,320 | 358,054 | 1.107 | 580,474 | 623,894 | 1.075 | -257,154 | 265,840 |
| 7 TD Sec | 354,162 | 387,040 | 1.093 | 729,633 | 801,006 | 1.098 | -375,471 | 413,966 |
| TOTAL | 3,561,842 | 3,921,931 | 1.101 | 3,561,842 | 3,921,931 | 1.101 | 0 | 0 |