House position for Friday
posted on
Mar 17, 2013 11:07PM
Frank Holmes: "the most undervalued pure gold stock in the GDXJ ETF."
We saw our biggest positive volume day in almost 3 months with most of the buying coming from Instinet...very interesting. I have no shares at the moment but still have this one on my watch list. All the reasons I liked it originally are still there except the price of gold is down somewhat and it took longer to get their financing but they did get it, and that is what counts. I think the PoG will rebound and as we get closer to improving our production, we should see this one move up. Insiders have spent over $4M dollars in the last 12 months accumulating shares so they still believe. Will be looking to re-enter this one in the next few months.
Glorieux
House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
13 Instinet | 1,617,057 | 428,507 | 0.265 | 174,835 | 44,305 | 0.253 | 1,442,222 | -384,202 |
74 GMP | 51,500 | 12,610 | 0.245 | 0 | 51,500 | -12,610 | ||
36 Latimer | 20,500 | 5,130 | 0.25 | 3,000 | 750 | 0.25 | 17,500 | -4,380 |
33 Canaccord | 1,384 | 356 | 0.257 | 0 | 1,384 | -356 | ||
79 CIBC | 45,500 | 11,536 | 0.254 | 44,500 | 11,895 | 0.267 | 1,000 | 359 |
57 Interactive | 5,100 | 1,300 | 0.255 | 5,000 | 1,350 | 0.27 | 100 | 50 |
143 Pershing | 0 | 200 | 45 | 0.225 | -200 | 45 | ||
124 Questrade | 0 | 314 | 74 | 0.236 | -314 | 74 | ||
123 Citigroup | 1,402 | 340 | 0.243 | 2,741 | 724 | 0.264 | -1,339 | 384 |
46 Macquarie | 0 | 5,000 | 1,250 | 0.25 | -5,000 | 1,250 | ||
19 Desjardins | 0 | 7,000 | 1,784 | 0.255 | -7,000 | 1,784 | ||
9 BMO Nesbitt | 2,000 | 440 | 0.22 | 10,000 | 2,700 | 0.27 | -8,000 | 2,260 |
90 Barclays | 0 | 9,000 | 2,025 | 0.225 | -9,000 | 2,025 | ||
81 HSBC | 0 | 10,000 | 2,350 | 0.235 | -10,000 | 2,350 | ||
44 Jones Gable | 3,197 | 758 | 0.237 | 18,443 | 4,548 | 0.247 | -15,246 | 3,790 |
80 National Bank | 0 | 20,000 | 4,800 | 0.24 | -20,000 | 4,800 | ||
62 Haywood | 0 | 23,000 | 5,634 | 0.245 | -23,000 | 5,634 | ||
99 Jitney | 0 | 31,490 | 7,454 | 0.237 | -31,490 | 7,454 | ||
14 ITG | 0 | 44,500 | 12,015 | 0.27 | -44,500 | 12,015 | ||
15 UBS | 9,000 | 2,103 | 0.234 | 94,500 | 25,515 | 0.27 | -85,500 | 23,412 |
85 Scotia | 0 | 103,955 | 26,504 | 0.255 | -103,955 | 26,504 | ||
53 Morgan Stanley | 0 | 135,748 | 36,645 | 0.27 | -135,748 | 36,645 | ||
39 Merrill Lynch | 0 | 194,214 | 52,104 | 0.268 | -194,214 | 52,104 | ||
7 TD Sec | 0 | 224,200 | 55,657 | 0.248 | -224,200 | 55,657 | ||
2 RBC | 194,500 | 47,843 | 0.246 | 424,000 | 111,974 | 0.264 | -229,500 | 64,131 |
1 Anonymous | 129,000 | 31,065 | 0.241 | 494,500 | 129,886 | 0.263 | -365,500 | 98,821 |
TOTAL | 2,080,140 | 541,988 | 0.261 | 2,080,140 | 541,988 | 0.261 | 0 | 0 |