RE:RE:RE:RE:exotic chart to look at if nothing better to do updating, the below
on the 20th they did another cross, this time for 250k shares
no net accumulation between the 20th and the 23rd - basically they were absent -maybe their block trader was on holidays?
looks like at least a 100k cross on the 24th and they jammed up their net position from 650 k to 850k
on the 28th they did a cross of 292k shares in the morning but net has not changed.
so if you factor out the crosses (1.15m) on the floor by Scotia , they are net into the stock this month by more than 2,000,000 shares.
that is a lot but strikes me as not much from a fund perspective so i would think that much of this accumulaiton may be at the cleint retail level at the advice of their broker - one of their "best ideas' or something similar
puma1 wrote:
following on the Scotia buying comments...... they are net into this stock some 650,000 shares in August, miles ahead of anyone else. Paradigm are next with 200k and that was pretty much all just in one day.
scotia have bought some 1.7 million shares and sold some 1 million but if you drop the 470k share cross of August 15th , than their normalized sell would have been about 500k and their net buy position would be more like a million shares.
on the flip side, their accumulation didn't really start until the 14th as they were net negative mid-way through august. so it looks like they liked the Q2 and the mine update and have stirred up some interest.
Lets see if it will be strong enough to put the chart technicals into solid positive territory.