It doesn't help that the bagholders are schlepping paper at the pre determined price. This stays in the current range until National(Goodman) is out of paper. If they have 30% of the recent pp, then they have about 1.5 million more to go. That's 5 more days of 300k crosses.
Recent National crosses of substance. 2,098,500 so far.
Trades for C:SGR on 20120712 for broker #80 - 100 trades displayed |
Time ET |
Ex |
Price |
Change |
Volume |
Buyer |
Seller |
Markers |
15:51:54 |
T |
0.92 |
0.06 |
300,000 |
80 National Bank |
80 National Bank |
K |
10:22:20 |
T |
0.88 |
0.02 |
200,000 |
80 National Bank |
80 National Bank |
K |
15:16:48 |
T |
0.93 |
0.07 |
137,000 |
80 National Bank |
80 National Bank |
K |
10:24:57 |
T |
0.88 |
0.02 |
121,500 |
80 National Bank |
80 National Bank |
K |
09:39:27 |
T |
0.86 |
|
100,000 |
80 National Bank |
80 National Bank |
K |
10:38:05 |
T |
0.88 |
0.02 |
100,000 |
80 National Bank |
80 National Bank |
K |
13:53:52 |
T |
0.92 |
0.06 |
100,000 |
80 National Bank |
80 National Bank |
K |
15:19:44 |
T |
0.93 |
0.07 |
36,000 |
80 National Bank |
80 National Bank |
K |
Trades for C:SGR on 20120713 for broker #80 - 100 trades displayed |
Time ET |
Ex |
Price |
Change |
Volume |
Buyer |
Seller |
Markers |
10:43:33 |
T |
0.91 |
0.01 |
300,000 |
80 National Bank |
80 National Bank |
W |
|
Trades for C:SGR on 20120716 for broker #80 - 100 trades displayed |
Time ET |
Ex |
Price |
Change |
Volume |
Buyer |
Seller |
Markers |
09:42:13 |
T |
0.91 |
-0.03 |
300,000 |
80 National Bank |
80 National Bank |
K |
|
Trades for C:SGR on 20120717 for broker #80 - 100 trades displayed |
Time ET |
Ex |
Price |
Change |
Volume |
Buyer |
Seller |
Markers |
09:33:45 |
T |
0.92 |
|
300,000 |
80 National Bank |
80 National Bank |
K |
|
As a whole, including other houses, they are the net seller which I take as keeping the price down while the non aggregate crosses get transacted. Notice volume takes off on the 12 which gives them 3 business days to deliver which coincides nicely with their free trading shares. Pure greed and manipulation. Management should tell them to FO next year but George is one of them so it aint going to happen.
Broker Positions for C:SGR Broker #80 from 20120712 to 20120717 |
Date |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
Position |
$Net |
$Position |
20120712 |
1,246,900 |
1,123,070 |
0.901 |
1,128,646 |
1,017,243 |
0.901 |
118,254 |
118,254 |
-105,827 |
-105,827 |
20120713 |
334,000 |
304,615 |
0.912 |
571,100 |
522,410 |
0.915 |
-237,100 |
-118,846 |
217,795 |
111,968 |
20120716 |
315,500 |
287,209 |
0.91 |
468,700 |
427,719 |
0.913 |
-153,200 |
-272,046 |
140,510 |
252,478 |
20120717 |
333,500 |
306,245 |
0.918 |
465,300 |
425,595 |
0.915 |
-131,800 |
-403,846 |
119,350 |
371,828 |
TOTAL |
2,229,900 |
2,021,139 |
0.906 |
2,633,746 |
2,392,967 |
0.909 |
|
-403,846 |
|
371,828 |