Lightstream Resources Ltd. LSTMF

Another big Spike (Caused by Macquarie )

[PUNJABI]

Yesterday it was Peters and today it was Macquire who contributed to over 50 cent run up in a day. Macquarie started buying right from the open. He created the gap up in share price & the stock opened at $3.60 & he ran the stock up all the way to $3.89. The price of oil was up & all the oil stocks were trading higher. Some stocks did better than others. LTS was on the top for the second day. It was not the top oil stock in the oil sector but the entire exchange. Huge volume again.

After the run up to $3.89 the oil started to trade lower & so did LTS. Twice LTS traded below the opening price of $3.60. LTS dropped when Macquarie was not buying. But when oil started to move higher LTS started to move higher too but did not seem that it will make back all the way up to the intraday high.

During the last hour of trading Macquarie came back into action again when the stock was at $3.65. He started to take the out offers & the stock retracted all the gain previous gains in a short time & closed above the previous intraday high of $3.89.

It was interesting to see that the stock pulled back all the way to $3.53 & bounced back a bit with the oil rebounded & then led by one buyer it created a new intraday high of $3.90 & closed at the highest trading price of the day. Technically it shows that the stock has lot of strength. It also shows that there are still lots of nervous investors trying to assess this run. There are some who are or where sitting on lot of profit. These included the bottom feeders / bargain hunters & short sellers. The stock was being pull & pushed which created some intraday volatility.

The stock still tracts oil price & just one large buyer and not too many shares are required to run up the stock. This stock has a small float. Too many investors cannot own this stock. The public float is around 190 million which is a tight float.

It is not that simple the conditions were right & the share price has been destroyed. The stock & the sector were very oversold. Some were reposition for the opec meeting plus you have div date next week.

Peters was missing most of the day. He showed up in the afternoon when the stock has pulled back from the first high & cross 230k shares at $3.61 & sold 79900 in the price range of $3.61 to $3.65. His action did not have any bearing on the stock.

RBC sold more shares than they were bought from the accounts of this broker. It seems that he was running a small sell program & there was some buying. There were some retail orders but it seemed that there was a small mechanical order activity too. According to TMX there were zero insider trades for the account of LTS. No buying or selling for LTS today.

House Positions for C:LTS from 20141121 to 20141121

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
11 Macquarie	610,500	2,268,759	3.716	0			610,500	-2,268,759
24 Clarus	144,400	530,521	3.674	0			144,400	-530,521
79 CIBC	674,166	2,489,829	3.693	607,206	2,250,782	3.707	66,960	-239,047
89 Raymond James	21,300	78,727	3.696	0			21,300	-78,727
72 Credit Suisse	26,162	97,087	3.711	18,447	69,208	3.752	7,715	-27,879
88 Credential	4,150	15,068	3.631	500	1,795	3.59	3,650	-13,273
13 Instinet	62,200	230,033	3.698	59,100	214,479	3.629	3,100	-15,554
19 Desjardins	10,941	40,409	3.693	8,053	30,303	3.763	2,888	-10,106
58 Qtrade	3,000	11,067	3.689	300	1,110	3.70	2,700	-9,957
65 Goldman	3,600	13,644	3.79	1,900	7,099	3.736	1,700	-6,545
22 Fidelity	1,000	3,765	3.765	0			1,000	-3,765
25 Odlum	1,000	3,590	3.59	0			1,000	-3,590
84 Ind Trading	4,381	16,199	3.698	3,961	14,661	3.701	420	-1,538
143 Pershing	300	1,145	3.817	50	188	3.76	250	-957
123 Citigroup	225	873	3.88	87	336	3.862	138	-537
56 Edward Jones	0			275	984	3.578	-275	984
28 BBS	2,016	7,416	3.679	2,328	8,681	3.729	-312	1,265
70 Manulife	0			500	1,800	3.60	-500	1,800
83 Mackie	5,500	20,485	3.725	7,500	28,310	3.775	-2,000	7,825
37 MacDougall	0			3,500	13,283	3.795	-3,500	13,283
14 ITG	6,900	25,797	3.739	11,222	41,037	3.657	-4,322	15,240
9 BMO Nesbitt	171,625	634,567	3.697	176,278	653,080	3.705	-4,653	18,513
124 Questrade	19,140	70,491	3.683	25,525	95,423	3.738	-6,385	24,932
101 SG Capital	47,100	175,007	3.716	58,500	216,346	3.698	-11,400	41,339
1 Anonymous	381,500	1,411,749	3.701	396,200	1,459,513	3.684	-14,700	47,764
33 Canaccord	1,800	6,472	3.596	21,105	77,080	3.652	-19,305	70,608
62 Haywood	4,200	15,078	3.59	23,580	88,032	3.733	-19,380	72,954
80 National Bank	48,742	178,549	3.663	75,489	278,563	3.69	-26,747	100,014
99 Jitney	59,200	218,528	3.691	88,200	324,055	3.674	-29,000	105,527
39 Merrill Lynch	32,200	123,187	3.826	64,046	242,962	3.794	-31,846	119,775
15 UBS	8,512	30,995	3.641	58,200	213,983	3.677	-49,688	182,988
90 Barclays	0			69,300	258,390	3.729	-69,300	258,390
77 Peters	230,000	830,300	3.61	309,900	1,121,214	3.618	-79,900	290,914
53 Morgan Stanley	199,300	749,914	3.763	293,085	1,085,717	3.704	-93,785	335,803
7 TD Sec	388,706	1,433,375	3.688	507,151	1,876,655	3.70	-118,445	443,280
2 RBC	154,361	566,881	3.672	290,830	1,090,799	3.751	-136,469	523,918
85 Scotia	63,465	234,671	3.698	209,274	768,310	3.671	-145,809	533,639
TOTAL	3,391,592	12,534,178	3.696	3,391,592	12,534,178	3.696	0	0