Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

Free
Message: Even more interesting

>Any chance that the short covering you posted earlier today was Cannacrap - and now that they have covered they are back selling Falcon short in 500 lot increments??

I have doubts about that. Shorted for .18 cents and covered for .17 cents would yield about $2800 dollars, can’t call it a big bet. Shorting sometimes backfires. Click on the link at the bottom of this post, check the February shorting and see how the guy made out? Anyway, to move 280 thousand or so wouldn’t require selling in 500 shares increments. However, Canaccord did have a 1.9 million negative position in the same timeframe, and a very large chunk of it was moved in 500 increments.

Here is the position of broker 33 for :FO for 6/1/ 2010 to 6/ 15/2010.

11 Records Returned

Broker Position
Date Bought $Value Ave Sold $Value Ave Day Net Position $Net $Position
2010-06-01 6,500 1,105 0.17 98,000 17,019 0.17 -91,500 -91,500 15,914 15,914
2010-06-02 1,376 235 0.17 142,100 24,509 0.17 -140,724 -232,224 24,274 40,188
2010-06-03 2,000 340 0.17 104,500 17,889 0.17 -102,500 -334,724 17,549 57,737
2010-06-04 0 85,700 14,578 0.17 -85,700 -420,424 14,578 72,315
2010-06-07 12,000 2,190 0.18 193,500 34,515 0.18 -181,500 -601,924 32,325 104,640
2010-06-08 4,000 733 0.18 426,500 77,184 0.18 -422,500 -1,024,424 76,451 181,091
2010-06-09 21,000 3,665 0.18 260,000 45,940 0.18 -239,000 -1,263,424 42,275 223,366
2010-06-10 20,000 3,480 0.17 210,000 36,658 0.18 -190,000 -1,453,424 33,178 256,544
2010-06-11 35,500 6,197 0.18 357,000 62,979 0.18 -321,500 -1,774,924 56,782 313,326
2010-06-14 25,000 4,363 0.18 187,000 32,580 0.17 -162,000 -1,936,924 28,217 341,543
2010-06-15 25,000 4,350 0.17 78,000 13,826 0.18 -53,000 -1,989,924 9,476 351,019
Total 152,376 26,658 0.17 2,142,300 377,677 0.18 -1,989,924 351,019

.

http://www.cdnx.com/data/lcdb/DOCP/JUN2010/1FHZB01%21.DOC

Share
New Message
Please login to post a reply