Anonymous: Is Naked Shorting Driving Down BNK?

Anonymous and Canaccord Are Dragging The Price Down- Pure Manipulation

And I would not doubt that Canaccord is trading under Anonymous.

These 2 have cashed out $6.6 Million Dollars In Stocks Today Alone.

House Positions for C:BNK from 20110314 to 20110314

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
85 Scotia	451,877	3,679,679	8.143	224,143	1,809,268	8.072	227,734	-1,870,411
2 RBC	324,545	2,638,602	8.13	98,262	804,971	8.192	226,283	-1,833,631
74 GMP	138,800	1,120,767	8.075	7,700	64,692	8.402	131,100	-1,056,075
99 Jitney	201,700	1,649,918	8.18	94,600	774,903	8.191	107,100	-875,015
79 CIBC	223,233	1,823,534	8.169	135,134	1,104,765	8.175	88,099	-718,769
7 TD Sec	2,726,354	22,301,037	8.18	2,649,834	21,689,518	8.185	76,520	-611,519
62 Haywood	47,500	383,800	8.08	0			47,500	-383,800
11 MacQuarie	45,500	368,440	8.098	0			45,500	-368,440
9 BMO Nesbitt	66,950	542,852	8.108	40,200	330,096	8.211	26,750	-212,756
101 Newedge	27,600	224,533	8.135	15,100	123,911	8.206	12,500	-100,622
15 UBS	12,900	105,073	8.145	2,700	21,881	8.104	10,200	-83,192
82 Stifel Nicholas	7,700	61,916	8.041	0			7,700	-61,916
89 Raymond James	57,495	471,493	8.201	49,908	408,689	8.189	7,587	-62,804
26 Commission Direct	5,600	46,582	8.318	0			5,600	-46,582
90 Barclays	18,200	148,179	8.142	12,800	104,613	8.173	5,400	-43,566
123 Citigroup	1,800	14,724	8.18	0			1,800	-14,724
37 MacDougall	1,200	9,708	8.09	0			1,200	-9,708
72 Credit Suisse	2,601	21,165	8.137	1,505	12,253	8.142	1,096	-8,912
27 Dundee	1,000	8,090	8.09	0			1,000	-8,090
31 Dominick	1,000	8,150	8.15	0			1,000	-8,150
22 Fidelity	1,000	8,000	8.00	600	5,004	8.34	400	-2,996
124 Questrade	6,100	49,391	8.097	5,915	47,913	8.10	185	-1,478
81 HSBC	10,100	81,689	8.088	10,000	80,000	8.00	100	-1,689
57 Interactive	0			50	415	8.30	-50	415
86 Pictet	0			57	463	8.123	-57	463
65 Goldman	3,400	27,682	8.142	4,100	33,443	8.157	-700	5,761
52 NCP	44,466	357,679	8.044	45,791	372,925	8.144	-1,325	15,246
80 National Bank	54,170	441,711	8.154	55,500	454,047	8.181	-1,330	12,336
58 Qtrade	0			2,000	16,720	8.36	-2,000	16,720
46 Macquarie	0			2,300	18,400	8.00	-2,300	18,400
75 MGI	0			2,400	19,440	8.10	-2,400	19,440
39 Merrill Lynch	18,900	153,357	8.114	21,900	180,376	8.236	-3,000	27,019
12 Wellington	99,500	806,441	8.105	108,200	875,675	8.093	-8,700	69,234
14 ITG	1,290	10,513	8.15	10,000	81,089	8.109	-8,710	70,576
13 Instinet	0			10,800	87,363	8.089	-10,800	87,363
20 Stonecap	0			17,200	141,220	8.21	-17,200	141,220
10 FirstEnergy	15,100	122,713	8.127	33,500	273,106	8.152	-18,400	150,393
19 Desjardins	38,375	311,460	8.116	60,500	489,929	8.098	-22,125	178,469
53 Morgan Stanley	38,300	312,388	8.156	156,250	1,271,980	8.141	-117,950	959,592
33 Canaccord	36,700	298,543	8.135	438,807	3,563,927	8.122	-402,107	3,265,384
1 Anonymous	213,500	1,742,424	8.161	626,700	5,089,238	8.121	-413,200	3,346,814
TOTAL	4,944,456	40,352,233	8.161	4,944,456	40,352,233	8.161	0	0

March, Monday 14 2011 - 14:17:09

WTI Crude Oil $100.52 ▼0.64 0.63% 14:12 PM EDT - 2011.03.14	Brent Crude Oil $113.47 ▼0.37 0.33% 14:12 PM EDT - 2011.03.14
Crude Oil Price by OIL-PRICE.NET © Price Change Trades Volume 14:12 - $ 100.52 0.64 0.63% 132,991 210,923 Range Open 52 Wk Range 1 Year Forecast 98.47 - 101.15 100.47 68.01 - 105.20 $116 / Barrel

Bankers Follows The Price Of Oil- With The Run That Markets Have Had it is natural for Funds to cash in on the gains and then short the stock.

Short History

		Symbol	Report Date	Volume	Change	% of Float
		BNK - T	2011-02-28	7,064,270	1,737,961	2.87
		BNK - T	2011-02-15	5,326,309	-12,657	2.16

UPDATE 2-Bankers Petroleum reserves growth lags view; shrs sink

12:53 EST Wednesday, March 09, 2011

* Says proved reserves up 30 pct at end 2010

* Proved plus probable reserves up 11 pct to 238 mln barrels

* Shrs fall 10 pct (Rewrites, adds analysts comments in 2nd, 5th, 8th and 10th paragraphs, updates share paragraph)

March 9 (Reuters) - Bankers Petroleum Ltd's proved plus probable reserves at its Albanian heavy oil operations rose 11 percent at end 2010, but fell short of market expectations, sending the oil and gas explorer's shares down 10 percent.

"The increase in proven plus probable reserves is toward the bottom end of our expectations for 10-20 percent...the market may have been expecting something closer to the top end," TD Newcrest analyst Jamie Somerville wrote in a note to clients.

The Calgary, Alberta-based company, which posted 2010 production of about 3.5 million barrels, said future undiscounted capital costs for Patos-Marinza and Kucova oil-fields in Albania are estimated at $1.2 billion on proved plus probable reserves basis.

The company, which plans to reactivate 624 wells starting 2011, also said exploration and development costs are estimated at $5.80 per barrel on proved plus probable reserves basis.

The total size of the field (Albanian) is now much higher, so it looks like it is going to cost them (Bankers Petroleum) more on a unit basis to develop the reserves, analyst John of Ticonderoga Securities told Reuters.

The company said proved plus probable reserves were 238 million barrels at Dec. 31, 2010, while proved reserves rose 30 percent to 120 million barrels of oil.

The growth in reserves is attributable to the expansion of horizontal drilling at Patos-Marinza, Bankers Petroleum said in a statement.

"The proved (reserves) outperformed but the probable is down a bit," John Malone said.

In January, the company had reported a 50 percent rise in fourth-quarter oil production. [ID: nSGE70A09R]

"The market is likely to look past any minor disappointment regarding proved plus probable reserves to longer term resource potential, which has increased substantially...," analyst Somerville said.

Bankers Petroleum shares were trading down 87 Canadian cents at C$8.52 on Wednesday on the Toronto Stock Exchange. They touched a low of C8.44 earlier in the session.

Globe says Nuttall expects Bankers to be sold next year

2011-02-10 08:47 ET - In the News

The Globe and Mail reports in its Thursday, Feb. 10, edition that Sprott Asset Management portfolio manager Eric Nuttall believes Bankers Petroleum is ready to soar in tandem with the price of oil. Clea Simos writes in The Globe's BNN Market Call column that Mr. Nuttall says: "Bankers is a low-risk heavy oil development story that has tremendous leverage to a stronger oil price. ... If the price of oil continues to be strong, we expect Bankers to sell themselves in March, 2012, for over $14 a share." The stock finished Wednesday in Toronto at $8.70, down 27 cents. David Whetham of Scotia Asset Management said in The Globe on April 21, 2010, that Bankers Petroleum still had "good growth potential with little risk." It could then be had for $8.71. Mr. Nuttall recommended buying Banker Petroleum in The Globe on June 15, 2010. In the item Mr. Nuttall said Bankers Petroleum will likely be sold over the next two years and fetch about $12 a share. The shares were then worth $7.33. Mr. Nuttall's top holdings in the Sprott Energy Fund are WestFire Energy at 7.5 per cent, Novus Energy at 5.3 per cent, Bankers Petroleum at 4.9 per cent, Painted Pony Petroleum at 4.8 per cent and Vero Energy at 4.7 per cent.

UPDATE 1-Bankers Petroleum says end 2010 proved reserves up 30 pct

08:52 EST Wednesday, March 09, 2011

March 9 (Reuters) - Canadian oil and gas explorer Bankers Petroleum Ltd said its proved reserves grew 30 percent at year end 2010 helped by expansion of horizontal drilling at its Patos-Marinza oil field in Albania.

The Calgary, Alberta-based company, which posted 2010 production of about 3.5 million barrels, said future undiscounted capital costs for Patos-Marinza and Kucova oil-fields are estimated at $1 billion on a proven reserves basis.

Proved reserves were 120 million barrels of oil at Dec. 31, 2010, while proved plus probable reserves rose 11 percent to 238 million barrels.

In January, Bankers Petroleum had reported a 50 percent rise in fourth-quarter oil production. [ID: nSGE70A09R]

Bankers Petroleum shares closed at C$9.39 on Tuesday on the Toronto Stock Exchange. (Reporting by Arnika Thakur in Bangalore; Editing by Sriraj Kalluvila) (arnika.thakur@thomsonreuters.com within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: arnika.thakur.thomsonreuters.com@reuters.net)

House Positions for C:BNK from 20110314 to 20110314

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
2 RBC	303,320	2,467,388	8.135	79,537	653,195	8.212	223,783	-1,814,193
85 Scotia	331,530	2,707,559	8.167	131,343	1,060,255	8.072	200,187	-1,647,304
99 Jitney	159,800	1,312,081	8.211	77,600	637,725	8.218	82,200	-674,356
7 TD Sec	2,702,380	22,108,051	8.181	2,633,330	21,556,016	8.186	69,050	-552,035
79 CIBC	177,333	1,453,427	8.196	119,776	980,672	8.188	57,557	-472,755
62 Haywood	47,500	383,800	8.08	0			47,500	-383,800
74 GMP	50,000	402,821	8.056	7,700	64,692	8.402	42,300	-338,129
9 BMO Nesbitt	63,200	512,583	8.11	40,200	330,096	8.211	23,000	-182,487
89 Raymond James	56,795	465,837	8.202	38,320	314,883	8.217	18,475	-150,954
101 Newedge	20,200	164,878	8.162	10,700	88,297	8.252	9,500	-76,581
15 UBS	7,500	61,369	8.183	400	3,264	8.16	7,100	-58,105
26 Commission Direct	5,600	46,582	8.318	0			5,600	-46,582
39 Merrill Lynch	18,700	151,743	8.115	15,700	130,212	8.294	3,000	-21,531
123 Citigroup	1,500	12,292	8.195	0			1,500	-12,292
37 MacDougall	1,200	9,708	8.09	0			1,200	-9,708
72 Credit Suisse	2,501	20,358	8.14	1,400	11,405	8.146	1,101	-8,953
27 Dundee	1,000	8,090	8.09	0			1,000	-8,090
65 Goldman	3,400	27,682	8.142	2,700	22,078	8.177	700	-5,604
22 Fidelity	1,000	8,000	8.00	600	5,004	8.34	400	-2,996
90 Barclays	12,800	104,623	8.174	12,800	104,613	8.173	0	-10
57 Interactive	0			50	415	8.30	-50	415
86 Pictet	0			57	463	8.123	-57	463
124 Questrade	4,300	34,847	8.104	4,415	35,666	8.078	-115	819
80 National Bank	43,670	356,977	8.174	44,200	362,757	8.207	-530	5,780
81 HSBC	9,100	73,609	8.089	10,000	80,000	8.00	-900	6,391
52 NCP	21,003	169,346	8.063	22,719	186,541	8.211	-1,716	17,195
58 Qtrade	0			2,000	16,720	8.36	-2,000	16,720
46 Macquarie	0			2,300	18,400	8.00	-2,300	18,400
75 MGI	0			2,400	19,440	8.10	-2,400	19,440
14 ITG	1,290	10,513	8.15	4,700	38,059	8.098	-3,410	27,546
13 Instinet	0			4,800	38,872	8.098	-4,800	38,872
20 Stonecap	0			15,000	123,180	8.212	-15,000	123,180
10 FirstEnergy	15,100	122,713	8.127	33,500	273,106	8.152	-18,400	150,393
12 Wellington	73,300	593,653	8.099	91,800	742,649	8.09	-18,500	148,996
19 Desjardins	14,675	120,103	8.184	58,500	473,929	8.101	-43,825	353,826
53 Morgan Stanley	28,500	233,222	8.183	151,950	1,237,072	8.141	-123,450	1,003,850
33 Canaccord	36,200	294,503	8.135	303,900	2,477,574	8.153	-267,700	2,183,071
1 Anonymous	157,100	1,286,707	8.19	447,100	3,637,815	8.136	-290,000	2,351,108
TOTAL	4,371,497	35,725,065	8.172	4,371,497	35,725,065	8.172	0	0

And This Indepth News:

2011-03-09 08:21 ET - News Release

Mr. Abby Badwi reports

BANKERS PETROLEUM ANNOUNCES 2010 RESERVES REPORT

Bankers Petroleum Ltd. has released the results of its Dec. 31, 2010, independent reserves evaluation and reports the sixth consecutive year of reserves additions since company inception in 2004.

Evaluations were conducted by RPS Energy Canada Ltd. for the Patos-Marinza oil field, Albania, and by DeGolyer and McNaughton Canada Ltd. for the Kucova oil field, Albania, and were prepared in accordance with National Instrument 51-101 -- "Standards of Disclosure for Oil and Gas Activities."

Total Albania reserves summary

• Proved reserves of 120 million barrels (30-per-cent increase from Dec. 31, 2009) representing over 11 times production replacement;
• Proved plus probable reserves of 238 million barrels (11-per-cent increase from Dec. 31, 2009);
• Proved, probable and possible reserves of 427 million barrels (1-per-cent increase from Dec. 31, 2009);
• Mean original oil in place resource estimate (OOIP) of 7.8 billion barrels (30-per-cent increase from Dec. 31, 2009);
• 2010 production was approximately 3.5 million barrels.

Patos-Marinza field

• Proven reserves increased 30 per cent to 117 million barrels of oil from 90 million barrels at Dec. 31, 2009;
• Proven plus probable reserves increased 11 per cent to 226 million barrels (Dec. 31, 2009 -- 203 million barrels);
• Proved, probable and possible reserves increased 1 per cent to 395 million barrels (Dec. 31, 2009 -- 390 million barrels);
• Original oil in place estimate (P50) increased 32 per cent to 7.5 billion barrels (Dec. 31, 2009 -- 5.7 billion barrels)
• All of Patos-Marinza's 2010 recoverable reserves estimates are from primary recovery methods only.

The 2010 reserves growth is primarily attributable to the expansion of the company's horizontal drilling program in new areas of the field and new zones within the field area. This is reflected in the upgrade of proven and probable, and proved, probable and possible reserves into the proven and proven plus probable reserves categories, respectively, and the expansion of proved, probable and possible reserves and oil in place.

Patos-Marinza contingent and prospective resources

RPS has also released an update with respect to the contingent and prospective resource oil estimates for the Patos-Marinza oil field as at Dec. 31, 2010. Contingent and prospective resources are based on thermal development technologies to be applied to the Gorani and Driza formations and secondary waterflood methods proposed for the Marinza formation and expansion of the development areas, primarily to the west of the current development.

The thermal pilot first steam injection is scheduled for the third quarter of 2011. There are no current waterflood plans for the field.

Contingent resource for 2010 is 1.2 billion barrels, compared with 838 million barrels in 2009;

Prospective resource for 2010 is 568 million barrels, compared with 384 million barrels in 2009.

Kucova field

There were no activities or company production from the field in 2010; field reserves remain unchanged. Early stage development has begun with road building and lease clearing.

- 1P reserves 3 million barrels;

- 2P reserves 11 million barrels;

- 3P reserves 32 million barrels;

- Mean original oil in place resource estimate remains unchanged at 297 million barrels.

Total Net Present Value of Total Albania Reserves (After Tax, discounted at 10%)

- 1P reserves US$949 million - 2P reserves US$1.97 billion - 3P reserves US$3.55 billion - Values are based on RPS (Patos-Marinza) and D&M (Kuçova) January 1, 2011 price forecast tables summarized below - Basic shares outstanding of as of December 31, 2010 were approximately 245 million

Finding and Development Costs ("F&D")

With successful results from the Company's horizontal drilling activities in the northern part of Patos-Marinza oilfield, the Company is expanding the horizontal drilling program into the central, southern and western part of the field. Also, due to casing failures in old vertical wells, replacement of old vertical wells with new horizontal wells has been added to the capital program. Accordingly, in the 2P development case, the number of well re-activations has been reduced to 310 wells and new horizontal wells have increased from 260 wells in the previous year's projected capital program to 624 wells in 2011 and beyond.

Future undiscounted capital costs for Patos-Marinza and Kuçova are now projected to be US$1.5 billion, US$1.2 billion and US$1.0 billion on a 3P, 2P and 1P basis, respectively. This represents the following F&D costs:

- 1P reserves US$10.06 per barrel - 2P reserves US$5.80 per barrel - 3P reserves US$3.85 per barrel

Gross Oil Reserves - Using Forecast Prices (MMbbls)

                                 -------------------------- -----------------                                             2010              2009                                  --------------------------                                   Patos-            Total    Total                                  Marinza   Kuçova  Albania  Albania      %     ------------------------------------------------------- -----------------     Proved       Developed Producing           17.3        -     17.3     22.9      -24       Developed Non-Producing          -        -        -        -        -       Undeveloped                   99.7      3.2    102.9     69.9       47                                  -------------------------- -----------------     Total Proved                   117.0      3.2    120.2     92.8       30     Probable                       109.2      8.2    117.4    121.1       -3                                  -------------------------- -----------------     Total Proved Plus Probable     226.2     11.4    237.6    213.9       11     Possible                       168.4     20.6    189.0    208.4       -9                                  -------------------------- -----------------     Total Proved, Probable      & Possible                    394.6     32.0    426.6    422.3        1     ------------------------------------------------------- -----------------  

Net Present Value at 10% - After Tax Using Forecast Prices ($ millions)  

                                 -------------------------- -----------------                                             2010              2009                                  --------------------------                                   Patos-            Total    Total                                  Marinza   Kuçova  Albania  Albania      %     ------------------------------------------------------- -----------------     Proved       Developed Producing            220        -      220      149       48       Developed Non-Producing          -        -        -        -        -       Undeveloped                    710       19      729      377       93                                  -------------------------- -----------------     Total Proved                     930       19      949      526       80     Probable                         904      115    1,019      993        3                                  -------------------------- -----------------     Total Proved Plus Probable     1,834      134    1,968    1,519       30     Possible                       1,278      306    1,584    1,514        5                                  -------------------------- -----------------     Total Proved, Probable      & Possible                    3,112      440    3,552    3,033       17     ------------------------------------------------------- -----------------  

Patos-Marinza Contingent and Prospective Resource (MMbbls)  

                                       ----------------------                                          2010     2009     %     ---------------------------------------------------------     Contingent Resource                 1,200      838    43     ---------------------------------------------------------     Prospective Resource                  568      384    48     ---------------------------------------------------------     Total Resources                     1,768    1,222    45     ---------------------------------------------------------  

Reserve Auditor Price Decks - Dated Brent  

    ---------------------------------------       BRENT Oil Price Forecast US$/bbl     ---------------------------------------        Year          RPS          D&M     ---------------------------------------        2011       $90.00        $91.00     ---------------------------------------        2012       $89.50        $91.78     ---------------------------------------        2013       $89.10        $92.64     ---------------------------------------        2014       $89.25        $94.57     ---------------------------------------        2015       $91.00        $97.58     ---------------------------------------        2016       $93.20        $99.58     ---------------------------------------        2017       $95.30       $101.61     ---------------------------------------        2018       $97.30       $103.68     ---------------------------------------        2019       $99.40       $105.79     ---------------------------------------        2020       $101.58      $107.95     ---------------------------------------        2021       $103.61      $110.15     ---------------------------------------        2022       $105.68      $112.39     ---------------------------------------        2023       $107.80  +2.0% Thereafter     ---------------------------------------  

Field gate prices the Company is receiving in Albania are currently at a discount to Brent:

-- Patos-Marinza field gate price is approximately 65% of Brent; -- Kuçova field gate price is approximately 70% of Brent

For additional information, please see an updated version of the Company's corporate presentation on www.bankerspetroleum.com

Conference Call

The Management of Bankers will host a conference call on March 9, 2011 at 7:30am MST to discuss this reserves report. Following Management's presentation, there will be a question and answer session for analysts and investors.

To participate in the conference call, please contact the conference operator ten minutes prior to the call at 1-888-231-8191 or 1-647-427-7450. A live audio web cast of the conference call will also be available on Bankers website at www.bankerspetroleum.com or by entering the following URL into your web browser http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3434640

The web cast will be archived two hours after the presentation on the website, and posted on the website for 90 days. A replay of the call will be available until March 23, 2011 by dialing 1-800-642-1687 or 1-416-849-0833 and entering access code 50341069.

Review by Qualified Person

This release was reviewed by Abdel F. (Abby) Badwi, CEO of Bankers Petroleum Ltd., who is a "qualified person" under the rules and policies of AIM in his role with the Company and due to his training as a professional petroleum geologist (member of APEGGA) with over 40 years experience in domestic and international oil and gas operations.

We seek Safe Harbor.