Wednesday, November 17, 2010

Bankers Pet : BNK: Anonymous selling all day

We follow Anonymous in and out of stocks...they are the market makers and shakers hiding their activity.

The public are always the last to know about insider buy and sells.

OSC does nothing, I reported an insider at CLL:TSE dumping millions of dollars of shares a few days before the company released their financials , and OSC claims they investigated, but you have never heard anything about that have you?

Even the CEO was dispatched by CLL legal counsel to the Stockhouse Bullboards to try an calm the investors who smelled a rotten insider dumping a load on sheet paper on the market, resulting in millions of dollar in market capital value vanishing within a week and tens of thousands of dollars of losses for investors who got caught holding the dirty bag. The stock collapsed from over $3.00 per share. And its been falling ever since and is now 1.15, so much for oil sands valuations.

Protect thyself is my trade strategy...

Just consider that the biggest Gold Scam in Canadian History Brex, enriched the insiders, fleeced the public, and OSC could not get 1 conviction after a seven year trial. Pathetic.

Bre-X faced a number of lawsuits and angry investors who had lost billions. Among the major losers were three Canadian public sector organizations: The Ontario Municipal Employees Retirement Board (loss of $45 million), the Quebec Public Sector Pension fund ($70 million), and the Ontario Teachers Pension Plan ($100 million). OSC proved it was unable to get a conviction OR protect the public.

Yes...we only hear about the scammers after the fact, consider Madoff and the Earl Jones.
Jones's $50-million Ponzi scam where he never invested a cent of the money he collected from his estimated 158 clients, many of whom invested their life savings with him. None of the money has been recovered.Read more: http://www.cbc.ca/canada/montreal/story/2010/10/27/earl-jones-victim-fund-runs-out-of-money.html#ixzz15Zfs8XFC.

Lets face it the brokerage houses hear rumours and trade before the public all the time.



Two Montreal-based CIBC investment advisers have been suspended after Ontario regulators accused them and a Toronto lawyer of insider trading on several key takeover bids.

Late Thursday, the Ontario Securities Commission laid out the details of an elaborate insider-trading scheme involving Bay Street corporate lawyer Mitchell Finkelstein and CIBC retail investment advisers Paul Azeff and Korin Bobrow over a four-year period from November 2004 to May 2007.

The OSC alleges that, through his practice at Davies Ward Phillips &Vineberg LLP, Finkelstein shared sensitive acquisition information with Azeff ahead of at least four takeover deals, including Kohlberg Kravis Roberts & Co’s 2004 buyout of Masonite International Corp. and Barrick Gold Corp.’s 2005 takeover of Placer Dome Inc. CIBC Traders Charged

Thats illegal insider trading you say.





It happens everyday and OSC does nothing about it. The CIBC case will be one to watch.
Retail (small investors) must find a way to equalize the playing field and house buys and sells tells the whole picture of a stock in any 1 day 1week 1 month or 1 year. Watch who is moving in and out of a stock each day.

Buy and Hold doesn't work. Traders don't buy and hold, they play on rumours, insiders info and technicals. And they hide there trades in House #1 anonymous.

So just watch the brokerage activity and technicals and follow the elephant in and out of the stock market jungle.

Buy when they buy and sell why they sell ... this has worked for us since 1996.

House Positions for C:BNK from 20101117 to 20101117
House Bought $Val Ave Sold $Val Ave Net $Net
9 BMO Nesbitt 155,703 1,097,634 7.05 16,122 112,763 6.994 139,581 -984,871
121 Jennings 135,400 956,078 7.061 0 135,400 -956,078
82 Weisel 301,800 2,129,319 7.055 274,700 1,938,503 7.057 27,100 -190,816
14 ITG 27,273 190,504 6.985 600 4,224 7.04 26,673 -186,280
79 CIBC 116,000 814,482 7.021 95,000 665,842 7.009 21,000 -148,640
74 GMP 15,500 108,765 7.017 2,086 14,643 7.02 13,414 -94,122
33 Canaccord 54,400 382,413 7.03 44,200 311,189 7.04 10,200 -71,224
56 Edward Jones 6,300 44,541 7.07 0 6,300 -44,541
52 NCP 25,703 179,973 7.002 20,811 146,815 7.055 4,892 -33,158
85 Scotia 13,100 91,789 7.007 9,266 65,232 7.04 3,834 -26,557
19 Desjardins 4,150 29,243 7.047 500 3,520 7.04 3,650 -25,723
89 Raymond James 3,600 25,308 7.03 700 4,893 6.99 2,900 -20,415
53 Morgan Stanley 2,346 16,400 6.991 81 566 6.988 2,265 -15,834
101 Newedge 2,300 16,251 7.066 900 6,282 6.98 1,400 -9,969
12 Wellington 97,800 686,122 7.016 96,900 679,125 7.009 900 -6,997
65 Goldman 570 3,978 6.979 0 570 -3,978
15 UBS 2,724 19,091 7.008 2,225 15,639 7.029 499 -3,452
46 Macquarie 0 25 176 7.04 -25 176
72 Credit Suisse 0 200 1,408 7.04 -200 1,408
81 HSBC 500 3,530 7.06 1,000 7,060 7.06 -500 3,530
61 Cantor Fitz 0 1,200 8,340 6.95 -1,200 8,340
83 Mackie 0 1,800 12,582 6.99 -1,800 12,582
124 Questrade 850 5,973 7.027 3,090 21,844 7.069 -2,240 15,871
5 Penson 27,100 190,089 7.014 29,400 206,071 7.009 -2,300 15,982
80 National Bank 21,400 150,476 7.032 28,700 201,697 7.028 -7,300 51,221
95 Wolverton 0 7,500 52,350 6.98 -7,500 52,350
99 Jitney 15,800 110,811 7.013 27,000 189,678 7.025 -11,200 78,867
13 Instinet 0 12,300 86,309 7.017 -12,300 86,309
2 RBC 32,345 226,610 7.006 89,220 624,843 7.003 -56,875 398,233
7 TD Sec 50,950 356,954 7.006 115,988 816,802 7.042 -65,038 459,848
39 Merrill Lynch 3,000 21,161 7.054 79,500 559,044 7.032 -76,500 537,883
1 Anonymous 193,600 1,360,007 7.025 349,200 2,460,062 7.045 -155,600 1,100,055
TOTAL 1,310,214 9,217,502 7.035 1,310,214 9,217,502 7.035 0 0

Search The Web