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Message: Buyout value?

Just before the cross all these guys decided to sell it down to .23

V 2008-01-22 09:33:41 0.23 -0.03 5,000 7 TD Sec 2 RBC K
V 2008-01-22 09:32:38 0.23 -0.03 12,000 7 TD Sec 85 Scotia K
V 2008-01-22 09:32:38 0.23 -0.03 10,000 33 Canaccord 85 Scotia K
V 2008-01-22 09:32:38 0.23 -0.03 3,000 9 BMO Nesbitt 85 Scotia K
V 2008-01-22 09:32:38 0.23 -0.03 10,000 7 TD Sec 85 Scotia K
V 2008-01-22 09:30:09 0.245 -0.015 5,000 54 Global 85 Scotia K
V 2008-01-22 09:30:09 0.245 -0.015 2,000 54 Global 14 ITG K
V 2008-01-22 09:30:09 0.245 -0.015 6,000 88 E-TRADE 14 ITG K
V 2008-01-22 09:30:09 0.245 -0.015 1,000 54 Global 7 TD Sec K
V 2008-01-22 09:30:09 0.245 -0.015 2,000 54 Global 7 TD Sec

KL

Then the cross was done a few minuits later, and guess who else is on the buy side:

V 2008-01-22 09:55:28 0.23 -0.005 3,000 7 TD Sec 31 Dominick
V 2008-01-22 09:55:28 0.23 -0.005 5,000 7 TD Sec 31 Dominick
V 2008-01-22 09:55:28 0.23 -0.005 20,000 85 Scotia 31 Dominick
V 2008-01-22 09:55:28 0.23 -0.005 3,000 7 TD Sec 31 Dominick
V 2008-01-22 09:55:28 0.23 -0.005 10,000 79 CIBC 31 Dominick
V 2008-01-22 09:56:10 0.23 -0.005 259,000 31 Dominick
31 Dominick

Do you really think that they did not know about this cross?

Well a sure as heck think they knew, and are involved in keeping SNO boxed in here while they accumulate a control position..

Right after the cross... the usual suspects come back on the buy to move the price back up to the comfort zone.

V 2008-01-22 12:47:58 0.255 -0.005 14,000 79 CIBC 1 Anonymous K
V 2008-01-22 12:40:35 0.255 -0.005 1,000 79 CIBC 2 RBC K
V 2008-01-22 12:40:35 0.26 0.00 19,000 33 Canaccord 2 RBC K
V 2008-01-22 11:53:26 0.27 0.01 1,500 88 E-TRADE 7 TD Sec K
V 2008-01-22 11:25:50 0.27 0.01 5,000 9 BMO Nesbitt 7 TD Sec K
V 2008-01-22 11:25:00 0.265 0.005 10,000 2 RBC 7 TD Sec K
V 2008-01-22 11:14:31 0.26 0.00 5,000 7 TD Sec 1 Anonymous K
V 2008-01-22 10:56:22 0.255 -0.005 5,000 79 CIBC 33 Canaccord K
V 2008-01-22 10:40:34 0.255 -0.005 5,000 7 TD Sec 33 Canaccord K
V 2008-01-22 10:36:08 0.245 -0.015 5,000 85 Scotia 7 TD Sec K
V 2008-01-22 10:30:24 0.245 -0.015 23,000 85 Scotia 6 Union K
V 2008-01-22 10:18:29 0.245 -0.015 5,000 85 Scotia 7 TD Sec
K

JMHO

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