Fission Uranium Corp T.FCU

RE:RE:NXE in GLobe and Mail last THursday

[sudzie191]

Yups and anymouse in there too, which could be more of the same sellers, Warren?

Unless there is followup new Monday on this that is more than just infill drilling which we would expect to be good, my guess is an attempt to open higher, with a tons of shorts selling into it, and NXE could get a haircut to $1.40 quick like bunny.

Hope not, but that Friday trading summary speaks a bit, barks quite loudly actually, lol

So we might expect all the bashers in here for FCU to get short their own NXE?

One nevah knows, if anything is possible, it surely can

quakes99 wrote: Hey Sudzie!  Did you look at the trading data for NXE on Friday?  Quite revealing, actually.  Look who the biggest sellers were on Friday... Cormark, Haywood and Raymond James... the Underwriters who have been financing and promoting NXE.   What do they know that the rest of us don't know?  Are they selling now because a financing is coming soon at a lower price?

Why would the biggest promoters of NexGen be selling their positions now?
Has to make you wonder, eh? ;-)

House Positions for C:NXE from 20160401 to 20160401

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
2 RBC	1,011,338	1,914,984	1.894	434,942	830,214	1.909	576,396	-1,084,770
33 Canaccord	899,200	1,670,151	1.857	416,100	769,908	1.85	483,100	-900,243
143 Pershing	395,400	766,238	1.938	116,000	213,560	1.841	279,400	-552,678
9 BMO Nesbitt	347,550	651,154	1.874	165,450	315,961	1.91	182,100	-335,193
24 Clarus	127,600	232,426	1.822	0			127,600	-232,426
4 Cantor Fitz	115,000	214,824	1.868	0			115,000	-214,824
58 Qtrade	130,200	244,298	1.876	30,300	55,398	1.828	99,900	-188,900
7 TD Sec	1,018,194	1,916,085	1.882	942,534	1,773,593	1.882	75,660	-142,492
80 National Bank	85,182	158,372	1.859	28,053	52,162	1.859	57,129	-106,210
99 Jitney	407,800	765,040	1.876	371,000	697,937	1.881	36,800	-67,103
14 ITG	100,000	182,920	1.829	64,700	113,976	1.762	35,300	-68,944
74 GMP	20,000	37,000	1.85	0			20,000	-37,000
68 Leede	19,700	38,209	1.94	0			19,700	-38,209
88 Credential	19,200	35,805	1.865	2,500	4,730	1.892	16,700	-31,075
101 SG Capital	15,900	29,771	1.872	3,300	6,493	1.968	12,600	-23,278
22 Fidelity	12,000	22,290	1.858	0			12,000	-22,290
28 BBS	9,511	17,551	1.845	3,000	5,430	1.81	6,511	-12,121
19 Desjardins	9,250	17,018	1.84	3,500	6,855	1.959	5,750	-10,163
124 Questrade	12,126	22,387	1.846	6,450	11,875	1.841	5,676	-10,512
59 PI	28,866	54,631	1.893	24,599	45,595	1.854	4,267	-9,036
72 Credit Suisse	13,100	25,103	1.916	11,550	22,246	1.926	1,550	-2,857
53 Morgan Stanley	0			500	925	1.85	-500	925
57 Interactive	220	400	1.818	1,120	2,008	1.793	-900	1,608
95 Wolverton	15,000	28,475	1.898	20,181	38,042	1.885	-5,181	9,567
39 Merrill Lynch	99,600	191,688	1.925	108,400	208,161	1.92	-8,800	16,473
85 Scotia	392,345	732,160	1.866	404,100	770,982	1.908	-11,755	38,822
27 Dundee	0			24,000	44,400	1.85	-24,000	44,400
15 UBS	5,600	10,080	1.80	34,400	67,274	1.956	-28,800	57,194
79 CIBC	248,439	462,261	1.861	287,367	533,504	1.857	-38,928	71,243
83 Mackie	0			50,000	95,000	1.90	-50,000	95,000
13 Instinet	204,200	384,222	1.882	310,000	581,853	1.877	-105,800	197,631
89 Raymond James	346,400	664,942	1.92	627,900	1,180,715	1.88	-281,500	515,773
1 Anonymous	1,641,475	3,089,375	1.882	2,134,400	3,993,885	1.871	-492,925	904,510
62 Haywood	78,650	145,683	1.852	597,400	1,133,121	1.897	-518,750	987,438
73 Cormark	0			605,300	1,149,740	1.899	-605,300	1,149,740
TOTAL	7,829,046	14,725,543	1.881	7,829,046	14,725,543	1.881	0	0

Cormark has been selling NXE for several days in the past week:

Broker Positions for C:NXE Broker #73 from 20160324 to 20160401

Date	Bought	$Val	Ave	Sold	$Val	Ave	Net	Position	$Net	$Position
20160324	0			250,000	337,145	1.349	-250,000	-250,000	337,145	337,145
20160328	0			193,500	281,466	1.455	-193,500	-443,500	281,466	618,611
20160330	538,600	850,216	1.579	778,100	1,233,678	1.586	-239,500	-683,000	383,462	1,002,073
20160401	0			605,300	1,149,740	1.899	-605,300	-1,288,300	1,149,740	2,151,813
TOTAL	538,600	850,216	1.579	1,826,900	3,002,029	1.643		-1,288,300		2,151,813

Haywood doing much the same:

Broker Positions for C:NXE Broker #62 from 20160324 to 20160401

Date	Bought	$Val	Ave	Sold	$Val	Ave	Net	Position	$Net	$Position
20160324	3,200	4,496	1.405	24,200	33,798	1.397	-21,000	-21,000	29,302	29,302
20160328	54,400	76,593	1.408	18,800	26,908	1.431	35,600	14,600	-49,685	-20,383
20160329	8,800	12,780	1.452	10,000	14,550	1.455	-1,200	13,400	1,770	-18,613
20160330	177,400	275,161	1.551	208,900	329,156	1.576	-31,500	-18,100	53,995	35,382
20160331	41,500	73,348	1.767	242,180	423,608	1.749	-200,680	-218,780	350,260	385,642
20160401	78,650	145,683	1.852	597,400	1,133,121	1.897	-518,750	-737,530	987,438	1,373,080
TOTAL	363,950	588,061	1.616	1,101,480	1,961,141	1.78		-737,530		1,373,080

Here's the proportions of Underwriter stakes in the last NexGen financing, with Cormark being the largest of the group with a 30% cut, as published on SEDAR.

Section 18      Liability of the Underwriters

Subject to the terms and conditions hereof, the obligation of the Underwriters to purchase the Shares (or the Over-Allotment Shares, if the Over-Allotment Option is exercised) at the Time of Closing or the closing of the Over-Allotment Option (as applicable), shall be several and not joint, nor joint and several. The percentage of the Shares (or the Over-Allotment Shares, as applicable) to be severally purchased and paid for by each of the Underwriters at any such time shall be as follows:

Cormark Securities Inc. 30.00%
TD Securities Inc. 20.00%
Cantor Fitzgerald Canada Corporation 17.50%
Raymond James Ltd. 15.00%
Haywood Securities Inc. 12.50%
BMO Nesbitt Burns Inc. 5.00%
Total: 100.0%

Cheers!