I just did a short analysis of the house positions of the last 6 month (May to now) to find out if and who is accumulating POET shares. Many thanks to stockguru to provide the raw data from stockwatch!
By the way, interesting is also that during the last 6 month 144 million shares were traded, 87% of the total POET shares.
OK, here are the houses only purchasing POET shares:
| House |
Net buys |
total traded |
|
| 100 TSX |
246600 |
246600 |
100% |
| 43 Caldwell |
12500 |
12500 |
100% |
| 4 Cantor Fitz |
12300 |
12300 |
100% |
| 56 Edward Jones |
8300 |
8300 |
100% |
| 90 Barclays |
7000 |
7000 |
100% |
I just see significance in the positions of TSX, I think these were the buy ins, the forced short coverings which TSX has to buy from the market, right? Well, quite a volume! So attention, as soon as we can see TSK buying, there seem to be buy-ins!
The next table is much more interesting; houses which collected about 50% to 17% more shares then they traded. These are highly significant movements:
| House |
Net buys |
total traded |
|
| 22 Fidelity |
448400 |
875124 |
51% |
| 36 Latimer |
505258 |
1003520 |
50% |
| 48 Laurentian |
204300 |
440100 |
46% |
| 76 Industrial Alliance |
18300 |
40700 |
45% |
| 70 Manulife |
10695 |
31055 |
34% |
| 28 BBS |
32310 |
105710 |
31% |
| 13 Instinet |
765617 |
2908059 |
26% |
| 53 Morgan Stanley |
87920 |
381080 |
23% |
| 2 RBC |
2102289 |
12326117 |
17% |
Fidelity and WD Latimer collected each about half a million shares. I guess Fidelity is the fund investor. Manulife and IA are life insurance companies, right? Well, they are not fools, but front runners.
I hope people like stockguru with access to SW data can help to identify these houses.
The complete table you can find in the next message.
Cheers, TF
