Starsearcher80 wrote: Ok, I don't know what, but there is DEFINITELY a heavy positive rumour in the market for Bombardier, and it's showing up in the trades. Buyout? I don't know. But I don't know anything else here that could account for the definite and sudden shift in the buying patterns. Let me explain:
Every stock has a "personality", the way a stock typically trades, the volume, the participants. But if that personality changes, and in this case, the change on multiple fronts is VERY noticeble, you look to the volume and to the participants for clues. Retail will always be the last to know, but it IS possible to see the footprints of those "higher up the foodchain" of....let's call it "educated hunch". (Yes, read between the lines).
Today, House 1 (Anonomous) was ALLLLL over the stock buying from anyone and everyone. Here's their buying today on the TSX: I've highlghted the net column, showing them buying over 5.5 MILLION shares today.
House Positions for C:BBD.B from 20210322 to 20210322 |
1 Anonymous | 12,465,344 | 10,073,281 | 0.808 | 6,941,153 | 5,618,875 | 0.81 | 5,524,191 | -4,454,406 |
This was NOT casual buying. I watched the trades going through, and it was outright agressive buying.
Now, expand the view a little, to put the buying today in context. Here's the top two buyers over the past 4 days:
House Positions for C:BBD.B from 20210317 to 20210322 |
1 Anonymous | 29,096,344 | 22,496,698 | 0.773 | 16,976,900 | 13,097,813 | 0.772 | 12,119,444 | -9,398,885 |
65 Goldman | 7,973,107 | 5,963,264 | 0.748 | 611,363 | 451,882 | 0.739 | 7,361,744 | -5,511,382 |
Two things here are notable: Again, a LOT of buying through Anonymous, over 12 MILLION shares in 4 days, with the biggest and most agressive chunk bought today. But notice Goldman also up over 7 MILLION shares. Hmmmmm, lets look closer here at their buying to see if there is an anomoly to their "regular participation".
Here is Goldman speficially over the past 4 days: Look specifically at the "Net" Column. Now look at the highlight I've added. 6.3 MILLIION shares bought on Thursday? When "typical" participation is in the 300,000 range most days??? Ummm, looks like someone had quite the "hunch" last Thursday. ;)
Broker Positions for C:BBD.B Broker #65 from 20210317 to 20210322 |
20210317 | 502,539 | 366,210 | 0.729 | 0 | | 502,539 | 502,539 | -366,210 | -366,210 |
20210318 | 6,831,171 | 5,106,863 | 0.748 | 526,039 | 384,343 | 0.731 | 6,305,132 | 6,807,671 | -4,722,520 | -5,088,730 |
20210319 | 473,066 | 355,340 | 0.751 | 35,324 | 26,412 | 0.748 | 437,742 | 7,245,413 | -328,928 | -5,417,658 |
20210322 | 166,331 | 134,851 | 0.811 | 50,000 | 41,127 | 0.823 | 116,331 | 7,361,744 | -93,724 | -5,511,382 |
Again, I have no clue what's up, but I would say that there is definitely something positive, and given the agressiveness of the buying today, I would say whateve this is is imminent. We'll see what comes, but I do DEFINITELY like what I see.