Spyglass Resources Corp SGLRF

House position for a month

[PUNJABI]

Most stocks in the energy sector have rebounded hard. This stock seems to be stuck. Just before the dividend ex date there was some buying & the stock broke above the 200 & 50 ma but in the last few days. There was some selling from Goldman which has stopped, Credential has been selling very aggressively for the last three trading day taking the stock down from over $1.90 to $1.79.

Goldman has been a large seller for the entire month, then Scotia & Alacorp. But the situation of Credential who is the present seller is bit odd. From April 11 to 16 they bought over 640k shares just on TMX exchange but then ex dividend they started selling & have sold their entire recently bought shares plus some more. They are still selling 50k shares at a time.

Were they buying in for dividend ? Does not make sense because buying & selling so many shares of an illiquid stock does not make sense.

Broker Positions for C:SGL Broker #88 from 20140401 to 20140430

Date	Bought	$Val	Ave	Sold	$Val	Ave	Net	Position	$Net	$Position
20140401	1,700	3,087	1.816	0			1,700	1,700	-3,087	-3,087
20140409	2,000	3,520	1.76	0			2,000	3,700	-3,520	-6,607
20140411	235,500	422,771	1.795	0			235,500	239,200	-422,771	-429,378
20140414	222,200	403,080	1.814	50	90	1.80	222,150	461,350	-402,990	-832,368
20140415	36,500	66,065	1.81	0			36,500	497,850	-66,065	-898,433
20140416	140,700	261,278	1.857	0			140,700	638,550	-261,278	-1,159,711
20140421	53	104	1.962	800	1,560	1.95	-747	637,803	1,456	-1,158,255
20140424	0			134,800	252,076	1.87	-134,800	503,003	252,076	-906,179
20140425	0			96,300	178,187	1.85	-96,300	406,703	178,187	-727,992
20140428	700	1,309	1.87	412,200	759,690	1.843	-411,500	-4,797	758,381	30,389
20140429	1,000	1,810	1.81	62,525	113,413	1.814	-61,525	-66,322	111,603	141,992
20140430	0			16,700	29,893	1.79	-16,700	-83,022	29,893	171,885
TOTAL	640,353	1,163,024	1.816	723,375	1,334,909	1.845		-83,022		171,885

House Positions for C:SGL from 20140401 to 20140430

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	715,856	1,314,916	1.837	387,547	713,193	1.84	328,309	-601,723
7 TD Sec	1,245,214	2,294,086	1.842	957,595	1,758,938	1.837	287,619	-535,148
2 RBC	680,698	1,254,975	1.844	431,084	803,842	1.865	249,614	-451,133
72 Credit Suisse	398,886	733,868	1.84	159,361	296,544	1.861	239,525	-437,324
90 Barclays	262,100	478,953	1.827	55,800	100,374	1.799	206,300	-378,579
1 Anonymous	733,900	1,356,942	1.849	543,200	991,894	1.826	190,700	-365,048
39 Merrill Lynch	254,800	473,745	1.859	108,401	199,438	1.84	146,399	-274,307
53 Morgan Stanley	181,400	331,247	1.826	46,000	86,066	1.871	135,400	-245,181
15 UBS	99,517	184,280	1.852	7,554	14,284	1.891	91,963	-169,996
71 Brant	56,900	103,434	1.818	7,000	13,220	1.889	49,900	-90,214
48 Laurentian	34,400	63,296	1.84	2,350	4,282	1.822	32,050	-59,014
14 ITG	30,500	55,471	1.819	55	96	1.745	30,445	-55,375
99 Jitney	64,100	118,650	1.851	35,100	65,255	1.859	29,000	-53,395
95 Wolverton	18,642	35,974	1.93	0			18,642	-35,974
58 Qtrade	25,610	47,206	1.843	7,162	13,069	1.825	18,448	-34,137
13 Instinet	51,060	93,863	1.838	38,423	69,666	1.813	12,637	-24,197
19 Desjardins	70,785	129,978	1.836	60,781	113,786	1.872	10,004	-16,192
124 Questrade	20,194	36,923	1.828	13,514	24,514	1.814	6,680	-12,409
64 Octagon	5,900	10,797	1.83	0			5,900	-10,797
74 GMP	31,300	56,060	1.791	26,718	49,382	1.848	4,582	-6,678
121 Jennings	4,500	8,100	1.80	0			4,500	-8,100
59 PI	12,650	23,208	1.835	9,079	16,624	1.831	3,571	-6,584
44 Jones Gable	3,000	5,610	1.87	0			3,000	-5,610
83 Mackie	1,750	3,376	1.929	0			1,750	-3,376
25 Odlum	1,330	2,500	1.88	79	143	1.81	1,251	-2,357
143 Pershing	3,500	6,317	1.805	2,760	5,091	1.845	740	-1,226
54 Global	400	776	1.94	0			400	-776
57 Interactive	35	64	1.829	0			35	-64
96 Blackwatch	131	243	1.855	124	234	1.887	7	-9
23 State Street	0			4	7	1.75	-4	7
37 MacDougall	0			348	626	1.799	-348	626
28 BBS	0			405	781	1.928	-405	781
33 Canaccord	20,868	38,972	1.868	21,521	39,210	1.822	-653	238
10 FirstEnergy	0			3,518	6,315	1.795	-3,518	6,315
101 Newedge	29,900	54,784	1.832	33,700	62,416	1.852	-3,800	7,632
56 Edward Jones	0			3,831	6,843	1.786	-3,831	6,843
80 National Bank	169,252	310,831	1.836	174,854	325,153	1.86	-5,602	14,322
69 Jordan	0			6,600	11,947	1.81	-6,600	11,947
70 Manulife	0			7,331	13,885	1.894	-7,331	13,885
68 Leede	0			8,612	15,502	1.80	-8,612	15,502
31 D&D	0			12,140	22,036	1.815	-12,140	22,036
22 Fidelity	0			13,880	26,500	1.909	-13,880	26,500
9 BMO Nesbitt	194,120	355,747	1.833	269,922	508,492	1.884	-75,802	152,745
88 Credential	640,353	1,163,024	1.816	723,475	1,335,088	1.845	-83,122	172,064
89 Raymond James	39,622	73,802	1.863	142,667	258,773	1.814	-103,045	184,971
3 AltaCorp	91,200	161,424	1.77	316,900	574,892	1.814	-225,700	413,468
85 Scotia	392,967	721,739	1.837	1,072,094	1,959,781	1.828	-679,127	1,238,042
65 Goldman	82,700	150,947	1.825	958,551	1,747,946	1.824	-875,851	1,596,999
TOTAL	6,670,040	12,256,128	1.837	6,670,040	12,256,128	1.837	0	0