RE:RE:Canaccord note on TXP......... Lurk & Learns:
Do the math to see what Broker 33 is (allegedly) doing to Touchstone Stock on the TSX yesterday. On whose behalf, one might ask?
Again my observations while "factual" (TSX data driven); is 100 % inconclusive wrt their intention(s). For possible answers, Lurk & Learns, might be well advised to visit the ADVFN discussion on the possible person/persons working behind the scene(s). Where a "Joe/Harry Window" (Google) is being portrayed on ADVFN. i.e. a descriptive/representation of possible scenarios.
This covers off the (possible) AIM activity related to the CREST (stock on loan) issue updated by Proselenes. Again Proselenes is quite detailed wrt the conundrum being faced by those (apparently) "fixing" TXP's trading pattern.
Meanwhile, on the TSX, as mentioned earlier (see my intro), Broker 33 appeared to be working their magic to produce/ (aka price cap) a $2.30 even in the face of Broker 82's accumulation. While not "big numbers"(volume), Do the math suggests that Broker 33 Sold EXACTLY 50k shares in 488 trades while Broker 82 on the buy side for over 50k shares using less than 20% of the trades made by broker 33.
Trading Summary for C:TXP from 20211202 |
82 Stifel Nicholas | 54,600 | 124,754 | 2.285 | 0 | | 54,600 | -124,754 |
13 Instinet | 29,924 | 68,444 | 2.287 | 2,000 | 4,640 | 2.32 | 27,924 | -63,804 |
2 RBC | 23,264 | 53,531 | 2.301 | 3,424 | 7,896 | 2.306 | 19,840 | -45,635 |
7 TD Sec | 28,266 | 65,122 | 2.304 | 21,844 | 49,907 | 2.285 | 6,422 | -15,215 |
80 National Bank | 7,173 | 16,604 | 2.315 | 3,831 | 8,777 | 2.291 | 3,342 | -7,827 |
84 Ind Trading | 388 | 890 | 2.294 | 159 | 363 | 2.283 | 229 | -527 |
72 Credit Suisse | 100 | 233 | 2.33 | 100 | 229 | 2.29 | 0 | -4 |
14 ITG | 125 | 289 | 2.312 | 184 | 425 | 2.31 | -59 | 136 |
124 Questrade | 35 | 78 | 2.229 | 160 | 360 | 2.25 | -125 | 282 |
19 Desjardins | 1,500 | 3,450 | 2.30 | 1,900 | 4,261 | 2.243 | -400 | 811 |
53 Morgan Stanley | 1,000 | 2,330 | 2.33 | 2,639 | 6,033 | 2.286 | -1,639 | 3,703 |
68 Leede | 0 | | 2,119 | 4,873 | 2.30 | -2,119 | 4,873 |
39 Merrill Lynch | 9,050 | 20,755 | 2.293 | 11,700 | 26,842 | 2.294 | -2,650 | 6,087 |
1 Anonymous | 69,854 | 159,508 | 2.283 | 74,810 | 171,561 | 2.293 | -4,956 | 12,053 |
79 CIBC | 28,600 | 65,271 | 2.282 | 34,713 | 79,401 | 2.287 | -6,113 | 14,130 |
9 BMO Nesbitt | 0 | | 13,500 | 31,137 | 2.306 | -13,500 | 31,137 |
85 Scotia | 6,704 | 15,620 | 2.33 | 37,500 | 85,682 | 2.285 | -30,796 | 70,062 |
33 Canaccord | 0 | | 50,000 | 114,492 | 2.29 | -50,000 | 114,492 |
TOTAL | 260,583 | 596,879 | 2.291 | 260,583 | 596,879 | 2.291 | 0 | 0 |