Long Run Explor Ltd Ord WFREF

RE:RE:When is 2015 budget coming out ?

[PUNJABI]

7 % increase in four days is not possible according to the tape. Since the short report the stock has traded four days with about 24.5m in volume. The volume on TNX was 16m shares. Volume figures are big but lot of volume on TMX is generated by crosses by National. That i s not usually long selling to a short seller with the same institution.

CIBC, Morgan, Anonymous, ML is HFT if they are trading naked shorts then they are same day shorting & covering. Their buying & selling is pretty even. Barclays could be ETF or P trading.

I do not think that they is enough volume left. 7 % additional short position would additional 13.5 m shares. I do not think that even 3m additional share would have been shorted. With additional 3m shares they would have taken the stock well under $1.50.

There would be some tax loss selling. I have a feeling that when they will come out with a div cut like COS then you can expect some selling.

I have made a list of stocks that I am interested in & am just monitoring them & oil prices.

Based on the trend of crude & how close are the stocks trading to their new lows in second half of Dec will determine if would take long positions. Tax loss selling trades are usually low risk but for oil stocks this Dec one has to take into account the status of oil price. If the oil breaks below $60 in next few weeks & with tax loss selling then it may create ideal conditions & better bargains. Most of the oil companies would have come out with their 2015 budgets & announcement of cuts. All the bad news would have been priced in till Jan 2015 & most sellers would be exhausted. That is my thing & plan, but things change. I am re-assessing all the time.

House Positions for C:LRE from 20141201 to 20141204

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
90 Barclays	786,000	1,446,707	1.841	242,700	432,294	1.781	543,300	-1,014,413
85 Scotia	745,436	1,424,344	1.911	227,388	411,887	1.811	518,048	-1,012,457
9 BMO Nesbitt	607,808	1,112,865	1.831	436,016	772,515	1.772	171,792	-340,350
2 RBC	470,954	859,701	1.825	324,531	599,727	1.848	146,423	-259,974
39 Merrill Lynch	456,584	823,449	1.803	340,600	631,195	1.853	115,984	-192,254
22 Fidelity	211,190	383,253	1.815	113,012	208,483	1.845	98,178	-174,770
80 National Bank	6,788,563	11,905,929	1.754	6,698,697	11,680,465	1.744	89,866	-225,464
15 UBS	101,197	197,251	1.949	41,700	72,672	1.743	59,497	-124,579
3 AltaCorp	324,904	593,620	1.827	299,544	547,440	1.828	25,360	-46,180
19 Desjardins	46,125	86,184	1.868	23,005	41,667	1.811	23,120	-44,517
14 ITG	31,600	54,816	1.735	10,298	18,562	1.802	21,302	-36,254
95 Wolverton	20,500	36,553	1.783	0			20,500	-36,553
124 Questrade	55,860	101,212	1.812	39,390	71,812	1.823	16,470	-29,400
58 Qtrade	16,202	28,811	1.778	79	158	2.00	16,123	-28,653
53 Morgan Stanley	273,802	490,314	1.791	263,709	487,995	1.851	10,093	-2,319
70 Manulife	10,000	17,500	1.75	0			10,000	-17,500
69 Jordan	9,100	16,715	1.837	0			9,100	-16,715
143 Pershing	5,100	9,120	1.788	3,475	7,367	2.12	1,625	-1,753
59 PI	4,400	7,480	1.70	2,890	4,875	1.687	1,510	-2,605
79 CIBC	1,580,330	2,897,749	1.834	1,579,150	2,890,410	1.83	1,180	-7,339
200 Acumen	5,000	8,900	1.78	3,859	7,177	1.86	1,141	-1,723
36 Latimer	500	930	1.86	0			500	-930
222 JP Morgan	161	275	1.708	0			161	-275
65 Goldman	923	1,628	1.764	765	1,340	1.752	158	-288
86 Pictet	0			2	4	2.00	-2	4
28 BBS	510	903	1.771	600	1,100	1.833	-90	197
56 Edward Jones	0			227	413	1.819	-227	413
57 Interactive	0			496	881	1.776	-496	881
25 Odlum	12,300	22,863	1.859	14,800	25,864	1.748	-2,500	3,001
83 Mackie	34,010	60,500	1.779	37,299	66,849	1.792	-3,289	6,349
76 Industrial Alliance	8,000	14,660	1.833	11,300	19,496	1.725	-3,300	4,836
89 Raymond James	12,950	22,631	1.748	16,700	31,143	1.865	-3,750	8,512
94 Hampton	0			4,300	8,815	2.05	-4,300	8,815
24 Clarus	25,600	47,026	1.837	30,500	56,245	1.844	-4,900	9,219
13 Instinet	8,200	14,851	1.811	13,235	23,579	1.782	-5,035	8,728
101 SG Capital	90,541	169,988	1.877	96,235	179,448	1.865	-5,694	9,460
71 Brant	14,100	25,802	1.83	20,000	33,800	1.69	-5,900	7,998
99 Jitney	24,000	45,034	1.876	30,700	56,449	1.839	-6,700	11,415
43 Caldwell	0			10,030	17,446	1.739	-10,030	17,446
68 Leede	12,600	24,107	1.913	26,000	46,697	1.796	-13,400	22,590
88 Credential	4,235	7,895	1.864	19,875	39,762	2.001	-15,640	31,867
77 Peters	0			16,800	34,296	2.041	-16,800	34,296
11 Macquarie	0			30,600	60,588	1.98	-30,600	60,588
72 Credit Suisse	200	331	1.655	31,243	54,160	1.734	-31,043	53,829
27 Dundee	0			41,800	79,710	1.907	-41,800	79,710
62 Haywood	43,600	79,302	1.819	93,977	167,611	1.784	-50,377	88,309
74 GMP	53,264	95,635	1.795	124,600	231,874	1.861	-71,336	136,239
33 Canaccord	44,595	80,224	1.799	161,362	297,310	1.843	-116,767	217,086
10 FirstEnergy	16,400	28,700	1.75	290,200	567,004	1.954	-273,800	538,304
7 TD Sec	2,101,304	3,842,654	1.829	2,627,859	4,933,259	1.877	-526,555	1,090,605
1 Anonymous	948,900	1,724,708	1.818	1,606,000	2,891,276	1.80	-657,100	1,166,568
TOTAL	16,007,548	28,813,120	1.80	16,007,548	28,813,120	1.80	0	0