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Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > 6 months of House Trades
View:
Post by kcac1 on May 25, 2023 12:43pm

6 months of House Trades

We had a brief discussion on this board a fews days back about the Vulture Capitalist owning FEC and Carl Icahn's name came up as the Master Vulture. This popped up today on the $$$ news. Looks like the Icahn lift is in a free fall.

Why Icahn Enterprises LP Is Plunging Today | The Motley Fool

H
ere are 6 months worth of trades, The only thing that stands out to me, is the $12mm worth of shares net sold by Morgan, almost no buys. BMO sold more than they bought, would all of the FEC shares bought for their share buyback program show up on these house reports?

Frank, why are you thinking the stock is constantly being constanly manipulated? There is no volume to manipulate? There is no news to promote the stock but forced news regarding required reports and such, there is no presentation to promote the stock, no road shows at financial seminars thus nothing to entice buyers. I think all current holders think it undervalued but it just keeps going lower as do our portfolio's if this is a substantial holding. Anyone who is an avid chart reader for trading has already sold or would soon be selling, $10.25 is next chart support, then $10.06. But most feel that chart reading is worthless on this stock. 

House Positions for C:FEC from 20221125 to 20230525
House Bought $Val Ave Sold $Val Ave Net $Net
222 JP Morgan 10,103 116,040 11.486 944,137 12,279,913 13.006 -934,034 12,163,873
9 BMO Nesbitt 1,600,253 18,703,868 11.688 1,986,254 24,678,489 12.425 -386,001 5,974,621
79 CIBC 3,736,916 45,122,106 12.075 4,094,178 48,666,615 11.887 -357,262 3,544,509
33 Canaccord 149,901 1,932,753 12.894 220,329 2,704,180 12.273 -70,428 771,427
7 TD Sec 371,994 4,435,096 11.922 425,077 4,998,729 11.76 -53,083 563,633
19 Desjardins 22,948 279,441 12.177 64,684 776,777 12.009 -41,736 497,336
90 Barclays 11,492 134,801 11.73 42,150 473,792 11.241 -30,658 338,991
80 National Bank 247,534 3,014,009 12.176 277,072 3,260,739 11.769 -29,538 246,730
14 Virtu ITG 295,251 3,504,051 11.868 305,307 3,627,168 11.88 -10,056 123,117
143 Pershing 22,986 290,655 12.645 32,677 401,275 12.28 -9,691 110,620
83 Research Cap 0   4,600 47,203 10.262 -4,600 47,203
5 Citadel 99,330 1,183,699 11.917 101,638 1,202,207 11.828 -2,308 18,508
13 Instinet 106,355 1,286,894 12.10 108,257 1,304,176 12.047 -1,902 17,282
84 ITG84 2,357 28,637 12.15 4,012 47,960 11.954 -1,655 19,323
70 Manulife 0   1,500 15,894 10.596 -1,500 15,894
82 Stifel Nicholas 0   1,100 13,871 12.61 -1,100 13,871
72 Credit Suisse 774 7,741 10.001 739 8,232 11.139 35 491
101 SG Capital 231 2,755 11.926 0   231 -2,755
57 Interactive 92,596 1,121,056 12.107 92,334 1,119,916 12.129 262 -1,140
62 Haywood 1,000 11,823 11.823 500 6,077 12.154 500 -5,746
28 CI 1,500 18,024 12.016 500 5,858 11.716 1,000 -12,166
55 Velocity 3,173 39,261 12.373 1,497 18,539 12.384 1,676 -20,722
15 UBS 21,104 237,224 11.241 19,131 225,265 11.775 1,973 -11,959
88 Credential 9,673 118,494 12.25 4,725 53,509 11.325 4,948 -64,985
89 Raymond James 25,528 306,671 12.013 20,079 247,653 12.334 5,449 -59,018
48 Laurentian 10,000 118,313 11.831 0   10,000 -118,313
22 Fidelity 29,700 353,565 11.905 5,410 58,624 10.836 24,290 -294,941
124 Questrade 57,501 689,834 11.997 29,915 356,524 11.918 27,586 -333,310
2 RBC 735,053 8,632,879 11.745 704,306 8,206,136 11.651 30,747 -426,743
53 Morgan Stanley 1,132,840 14,488,668 12.79 1,075,905 13,557,617 12.601 56,935 -931,051
39 Merrill Lynch 466,189 5,604,693 12.022 358,041 4,344,286 12.133 108,148 -1,260,407
85 Scotia 622,137 7,934,235 12.753 372,127 4,390,912 11.799 250,010 -3,543,323
65 Goldman 699,244 8,331,779 11.915 271,535 3,195,031 11.767 427,709 -5,136,748
1 Anonymous 6,299,047 75,287,822 11.952 5,314,994 63,043,772 11.861 984,053 -12,244,050
TOTAL 16,884,710 203,336,887 12.043 16,884,710 203,336,939 12.043 0 52
 
Comment by Kelvin on May 25, 2023 1:20pm
Kcac1, I just read the Icahn story. Stock is down another 21% today. The assets backing the stock are overvalued says the Hindenburg short report.  Yeah I'm in no hurry to buy this stock. Especially if they finish the well with no fanfare or big announcement and plug it to be re-entered and tested later. Maybe all we'll get is a curt press release saying that drilling operations have ...more  
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