Twin Butte Energy Ltd TBTEF

Market Action

[PUNJABI]

The action of Peters is the key to what happened to TBE is the two weeks of trading.

TBE was weak with very few bids last week. There were few sellers that wanted to get out. It seemed last week that TBE will not hold $1.00. But it was Peter who held the stock above $1.00 by buying shares from a $1. to about $1.10. Gave a chance to some to get out.

He used different methods. He had iceberg orders where the visible order was about 1500 shares at times. There were times when it took out offers.

Basically Peter was the only buyer that was standing & preventing sub $ price.One day Peters took out 1.4m shares from BMO in matter of minutes. CIBC bougth some shares that day.There were times when HFT traded large blocks. Jetney was trading for small spreads & yesterday he got stuck with some shares he could not sell.

Today had all the markings of a nasty trading day for Canada. US futures were down & Oil has tanked big time. Right at the open stocks in Canada including banks gapped down & the race was on to get out fast. Large positions take time & cause lot of damage.

TBE opened $.03 lower. There was a chance that it would have traded & closed lower. It was not expected that it would created an intraday low of $.78 & would be down 22% at one time. I was thinking that the stock was hold $.85 the next support level. But it did not.

Selling was too aggressive & it was being done by one large sellers. Peters who had bought about 3.3 million net 2.5m shares just on TMX recently at the average price of $1.08 & prevented the stock from tanking below a $1.00 was dumping & hitting every bid.

Today the stock would have dropped but it was Peters who collapsed the stock & never allowed it to bounce because he was dumping shares constantly. Taking out large bids one after other . He then finally crossed 4.5 m shares at $.78 few minutes before the close where the pressure on the stock was reduced.

Just on TMX Peter sold 1.5 million shares at average share price around $.82 but due to the cross of 4.5m shares the average price dropped to $.79

It was Peter’s very aggressive selling that caused some extra damage to the share price.

Todays House Position


House Positions for C:TBE from 20141210 to 20141210

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	1,404,715	1,196,011	0.851	615,081	534,324	0.869	789,634	-661,687
2 RBC	461,418	389,973	0.845	258,963	229,230	0.885	202,455	-160,743
90 Barclays	404,000	347,834	0.861	220,700	191,663	0.868	183,300	-156,171
9 BMO Nesbitt	171,935	149,681	0.871	11,703	9,843	0.841	160,232	-139,838
79 CIBC	1,421,056	1,225,146	0.862	1,275,920	1,102,566	0.864	145,136	-122,580
85 Scotia	173,714	149,960	0.863	53,994	48,732	0.903	119,720	-101,228
15 UBS	113,002	96,968	0.858	0			113,002	-96,968
72 Credit Suisse	115,273	99,285	0.861	28,200	24,833	0.881	87,073	-74,452
80 National Bank	107,460	90,158	0.839	26,694	23,589	0.884	80,766	-66,569
65 Goldman	52,302	42,353	0.81	100	89	0.89	52,202	-42,264
58 Qtrade	35,500	30,033	0.846	910	882	0.969	34,590	-29,151
89 Raymond James	32,944	28,227	0.857	4,570	3,828	0.838	28,374	-24,399
101 SG Capital	28,711	25,204	0.878	4,800	4,252	0.886	23,911	-20,952
74 GMP	54,900	44,899	0.818	35,000	32,550	0.93	19,900	-12,349
73 Cormark	17,400	13,746	0.79	0			17,400	-13,746
23 State Street	14,580	11,809	0.81	0			14,580	-11,809
19 Desjardins	13,714	11,482	0.837	4,000	3,320	0.83	9,714	-8,162
27 Dundee	8,000	6,960	0.87	0			8,000	-6,960
59 PI	8,000	7,480	0.935	0			8,000	-7,480
95 Wolverton	8,000	6,720	0.84	0			8,000	-6,720
22 Fidelity	5,300	4,261	0.804	0			5,300	-4,261
124 Questrade	19,620	16,446	0.838	14,960	12,290	0.822	4,660	-4,156
25 Odlum	5,100	4,437	0.87	3,100	2,480	0.80	2,000	-1,957
36 Latimer	1,000	920	0.92	0			1,000	-920
28 BBS	50	41	0.82	9	7	0.778	41	-34
57 Interactive	20	17	0.85	0			20	-17
56 Edward Jones	0			1,180	1,121	0.95	-1,180	1,121
200 Acumen	0			6,800	5,576	0.82	-6,800	5,576
39 Merrill Lynch	45,300	38,335	0.846	52,200	43,205	0.828	-6,900	4,870
13 Instinet	51,800	45,704	0.882	60,600	52,609	0.868	-8,800	6,905
222 JP Morgan	0			12,500	11,456	0.916	-12,500	11,456
53 Morgan Stanley	54,400	47,043	0.865	76,200	63,762	0.837	-21,800	16,719
3 AltaCorp	5,900	4,956	0.84	33,200	26,228	0.79	-27,300	21,272
33 Canaccord	3,000	2,440	0.813	61,700	52,000	0.843	-58,700	49,560
14 ITG	2,200	1,738	0.79	63,700	50,812	0.798	-61,500	49,074
99 Jitney	108,200	91,590	0.846	250,000	214,955	0.86	-141,800	123,365
1 Anonymous	708,700	593,654	0.838	966,500	830,402	0.859	-257,800	236,748
77 Peters	4,500,000	3,510,000	0.78	6,013,930	4,758,907	0.791	-1,513,930	1,248,907
TOTAL	10,157,214	8,335,511	0.821	10,157,214	8,335,511	0.821	0	0

House since Dec till yesterday when Peters was buying & holding the stock above $1.00

House Positions for C:TBE from 20141201 to 20141209

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
77 Peters	3,289,000	3,529,292	1.073	792,200	816,227	1.03	2,496,800	-2,713,065
79 CIBC	5,394,643	5,800,819	1.075	4,569,576	4,935,849	1.08	825,067	-864,970
72 Credit Suisse	412,539	445,693	1.08	42,300	46,978	1.111	370,239	-398,715
85 Scotia	565,898	620,475	1.096	223,275	245,179	1.098	342,623	-375,296
99 Jitney	1,139,500	1,230,333	1.08	861,600	929,861	1.079	277,900	-300,472
13 Instinet	385,583	411,720	1.068	201,939	214,341	1.061	183,644	-197,379
3 AltaCorp	207,500	224,277	1.081	135,100	146,013	1.081	72,400	-78,264
2 RBC	1,229,014	1,323,591	1.077	1,156,698	1,253,639	1.084	72,316	-69,952
39 Merrill Lynch	248,002	267,345	1.078	190,966	207,331	1.086	57,036	-60,014
143 Pershing	47,700	52,252	1.095	9,600	10,762	1.121	38,100	-41,490
222 JP Morgan	32,718	33,739	1.031	0			32,718	-33,739
22 Fidelity	33,150	34,985	1.055	2,075	2,195	1.058	31,075	-32,790
25 Odlum	49,600	55,264	1.114	20,000	21,100	1.055	29,600	-34,164
58 Qtrade	34,230	37,498	1.095	21,431	23,129	1.079	12,799	-14,369
89 Raymond James	36,266	38,257	1.055	24,671	27,049	1.096	11,595	-11,208
56 Edward Jones	10,000	11,400	1.14	0			10,000	-11,400
68 Leede	9,900	10,989	1.11	0			9,900	-10,989
124 Questrade	85,368	92,261	1.081	76,978	82,057	1.066	8,390	-10,204
14 ITG	7,215	7,793	1.08	5	5	1.00	7,210	-7,788
101 SG Capital	27,558	30,035	1.09	20,969	22,567	1.076	6,589	-7,468
65 Goldman	14,503	15,657	1.08	8,974	9,691	1.08	5,529	-5,966
62 Haywood	12,000	13,095	1.091	7,000	7,610	1.087	5,000	-5,485
80 National Bank	244,669	261,980	1.071	239,731	265,618	1.108	4,938	3,638
74 GMP	28,000	31,740	1.134	23,315	26,494	1.136	4,685	-5,246
95 Wolverton	13,000	12,970	0.998	9,627	10,682	1.11	3,373	-2,288
57 Interactive	10	10	1.00	0			10	-10
23 State Street	0			4	4	1.00	-4	4
19 Desjardins	195,150	214,968	1.102	197,866	215,618	1.09	-2,716	650
36 Latimer	2,031	2,164	1.065	4,880	5,661	1.16	-2,849	3,497
59 PI	3,000	3,060	1.02	7,800	7,800	1.00	-4,800	4,740
28 BBS	101	108	1.069	6,536	6,675	1.021	-6,435	6,567
88 Credential	18,087	19,007	1.051	29,530	31,777	1.076	-11,443	12,770
76 Industrial Alliance	0			12,000	12,240	1.02	-12,000	12,240
44 Jones Gable	0			14,000	14,140	1.01	-14,000	14,140
83 Mackie	0			19,693	20,677	1.05	-19,693	20,677
48 Laurentian	0			30,900	33,381	1.08	-30,900	33,381
27 Dundee	0			49,500	53,461	1.08	-49,500	53,461
10 FirstEnergy	0			57,100	63,145	1.106	-57,100	63,145
53 Morgan Stanley	111,118	117,971	1.062	231,175	247,006	1.068	-120,057	129,035
33 Canaccord	240,600	264,233	1.098	379,769	385,792	1.016	-139,169	121,559
1 Anonymous	3,092,400	3,348,308	1.083	3,591,100	3,861,697	1.075	-498,700	513,389
7 TD Sec	2,252,612	2,443,342	1.085	2,805,040	3,047,391	1.086	-552,428	604,049
90 Barclays	78,300	83,347	1.064	1,011,000	1,111,434	1.099	-932,700	1,028,087
15 UBS	330,138	355,804	1.078	1,497,366	1,652,482	1.104	-1,167,228	1,296,678
9 BMO Nesbitt	375,030	408,046	1.088	1,672,844	1,779,070	1.064	-1,297,814	1,371,024
TOTAL	20,256,133	21,853,828	1.079	20,256,133	21,853,828	1.079	0