SIO November 24-2015And the roller coaster continues,not only in the SP but in praise and criticism.
Neither or the TSX or SIO has reported the Shorts for one month now, I guess it`s either the cuts or the resources are needed somewhere else.
We are riding:
The magic ,elusive mark of 50.000 that at this time won`t mean much except pride.
The streaming to all devices.
The long awaited Intnl launch.
The new Samsung and LG numbers.
And out of all that they can`t release a simple update,I know there will be one (hopefully) at the end of December but a little one now (unless there`s absolutely nothing to say) will mean a lot.
Something moves the SP and overall trading, big blocks one day and nothing the next, big spreads one day and nothing the next, but what?.
When RG asked Routhier on the second last CC about the Studio deals covering Europe, he answered that we have no provisions for Europe or South America but were having discussions and made some progress.
RG congratulated them on the cost cutting and asked what kind of expenses level.
Routhier answered, development costs for platforms, make sure there`s no buffering issues, it will require some investment.
The application developed Interaction not run from the USA, will have an slight increase in costs.
RG mentioned maybe cash flow positive in the next few quarters?
Routhier put the brakes and said hopefully ,but we are working hard in increasing users and usage and he mentioned that they are happy with Q1 for what they are seeing and Q2 and Q3 looking very good because of the season coming and the full addition of L:G-Samsung, makes him confident on the coming quarters.
RG asked, for the streaming devices, what has to be done, how much work now that you are down to 2 Mbps.
Routhier said about somehow challenging but we need a private architecture and an investment needs to have a good return.
So when you look at the money left or available there can`t be too much, if as he told RG we have or had to invest to make things right.
Are we getting any or enough from rentals from LG-Samsung to justify going any further without looking for more money?.
Going from past Financials even if we get double or triple revenues it may just get us to year end, IF.
Anyways, today 172.000 on 42 trades to close down 0.01 an 0.145.
TD doing lots of the work again.
Except for one all the big blocks from yesterday dissapeared.
++++++++++++++++++++++++++++++++++++++++++++++++++++
| House Positions for C:SIO from 20151124 to 20151124 |
| 85 Scotia |
49,000 |
7,104 |
0.145 |
0 |
|
49,000 |
-7,104 |
| 80 National Bank |
15,000 |
2,325 |
0.155 |
1,100 |
159 |
0.145 |
13,900 |
-2,166 |
| 1 Anonymous |
23,500 |
3,485 |
0.148 |
13,000 |
1,947 |
0.15 |
10,500 |
-1,538 |
| 7 TD Sec |
73,100 |
10,816 |
0.148 |
66,500 |
9,697 |
0.146 |
6,600 |
-1,119 |
| 124 Questrade |
5,000 |
725 |
0.145 |
2,000 |
290 |
0.145 |
3,000 |
-435 |
| 39 Merrill Lynch |
1,000 |
145 |
0.145 |
0 |
|
1,000 |
-145 |
| 9 BMO Nesbitt |
5,000 |
725 |
0.145 |
5,000 |
775 |
0.155 |
0 |
50 |
| 2 RBC |
0 |
|
27,000 |
4,075 |
0.151 |
-27,000 |
4,075 |
| 79 CIBC |
500 |
75 |
0.15 |
27,500 |
4,112 |
0.15 |
-27,000 |
4,037 |
| 19 Desjardins |
0 |
|
30,000 |
4,345 |
0.145 |
-30,000 |
4,345 |
| TOTAL |
172,100 |
25,400 |
0.148 |
172,100 |
25,400 |
0.148 |
0 |
0 |
+++++++++++++++++++++++++++++++++++++++++++++++++
V:SIO 15:34:06 |
| 0.17 |
33,000 |
5 |
| 0.165 |
13,500 |
2 |
| 0.16 |
72,000 |
5 |
| 0.155 |
29,500 |
2 |
| 0.15 |
18,500 |
3 |
| 0.145 |
89,000 |
3 |
| 0.14 |
170,500 |
14 |
| 0.135 |
44,000 |
3 |
| 0.13 |
293,700 |
10 |
| 0.125 |
275,000 |
9 |
++++++++++++++++++++++++++++++++++++++++++++++++++
| V:SIO Depth by Order @15:34:06 |
| 85 Scotia |
11,000 |
0.145 |
|
0.15 |
3,500 |
1 Anonymous |
| 2 RBC |
75,000 |
0.145 |
|
0.15 |
5,000 |
1 Anonymous |
| 85 Scotia |
3,000 |
0.145 |
|
0.15 |
10,000 |
80 National Bank |
| 2 RBC |
15,500 |
0.14 |
|
0.155 |
24,500 |
2 RBC |
| 7 TD Sec |
5,000 |
0.14 |
|
0.155 |
5,000 |
9 BMO Nesbitt |
| 7 TD Sec |
3,000 |
0.14 |
|
0.16 |
3,000 |
19 Desjardins |
| 80 National Bank |
20,000 |
0.14 |
|
0.16 |
30,000 |
2 RBC |
| 7 TD Sec |
3,000 |
0.14 |
|
0.16 |
10,000 |
2 RBC |
| 79 CIBC |
6,000 |
0.14 |
|
0.16 |
2,000 |
85 Scotia |
| 7 TD Sec |
10,000 |
0.14 |
|
0.16 |
27,000 |
7 TD Sec |