CIBC
posted on
Nov 23, 2009 09:28PM
The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.
There were 27 trades in the last hour of the day and only 5 are not CIBC dumping to the bid. They basically sold all day as well. On Friday it was CIBC who showed us the lows of the day ( why only then do they sell?).
Anyhow, I think we have the short term "kiss of death" here as ISM has in effect said there basically is nothing to talk about or announce until mid-December when they issued that last release updating shareholders on the Micon status. Of course there will also be the more astute traders who recognize this as well as a breather and dump their stock to pick it up cheaper later, heck we were given a month to do so weren't we?
As Farnum mentioned the bids and asks are a little stinky for almost two weeks there was about 80K on the sell at .80, That would force anyone who really wants to sell under them and sure as heck here we are sitting at .68 cents today. Todays action enough to trigger my TD generated "ISM trading @ 10% less then the last close" alerts.
If we are to see an accumulator lying in wait, I sure have not seen it. Whether one can interpret this as informed selling is another guess.
Anyhow check out the last hour today.
Time & Sales |
Price | Size | Time | Buy | Sell | |
e | 0.68 | 150 | 15:47:28 |
019
|
079
|
0.68 | 2000 | 15:47:28 |
W.D. Latimer Co. Limited
P.O. Box 96 Suite 600 100 Wellington Street West Toronto, ON M5K 1G8 (416) 363-5631 036
|
079
|
|
0.68 | 1000 | 15:47:28 |
019
|
079
|
|
e | 0.68 | 300 | 15:45:45 |
019
|
079
|
0.68 | 3000 | 15:45:45 |
W.D. Latimer Co. Limited
P.O. Box 96 Suite 600 100 Wellington Street West Toronto, ON M5K 1G8 (416) 363-5631 036
|
079
|
|
0.69 | 4000 | 15:45:45 |
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
079
|
|
0.71 | 2500 | 15:36:57 |
UBS Securities Canada Inc.
P.O. Box 617, BCE Place Suite 4100 161 Bay Street Toronto, ON M5J 2S1 (416) 364-3293 015
|
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
|
0.71 | 1500 | 15:36:57 |
UBS Securities Canada Inc.
P.O. Box 617, BCE Place Suite 4100 161 Bay Street Toronto, ON M5J 2S1 (416) 364-3293 015
|
019
|
|
0.68 | 4000 | 15:31:48 |
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
079
|
|
0.68 | 5000 | 15:31:48 |
TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
|
079
|
|
0.69 | 1000 | 15:31:48 |
Anonymous
001
|
079
|
|
0.69 | 3500 | 15:29:41 |
Anonymous
001
|
079
|
|
0.69 | 2000 | 15:29:41 |
019
|
079
|
|
0.69 | 2500 | 15:27:19 |
Anonymous
001
|
079
|
|
0.70 | 3500 | 15:27:19 |
TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
|
079
|
|
e | 0.70 | 200 | 15:26:51 |
019
|
079
|
0.70 | 6500 | 15:26:51 |
TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
|
079
|
|
0.70 | 500 | 15:26:51 |
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
079
|
|
0.71 | 500 | 15:26:51 |
TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
|
079
|
|
0.72 | 500 | 15:01:37 |
Anonymous
001
|
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
|
0.70 | 21500 | 15:01:15 |
E*TRADE Canada Securities Corporation
225 King Street West, 12th floor Toronto, ON M5V 3M2 (416) 214-1960 088
|
079
|
|
e | 0.70 | 100 | 15:00:34 |
Scotia Capital Inc.
P.O. Box 4085, Station A Scotia Plaza 40 King Street West Toronto, ON M5W 2X6 (416) 863-7411 085
|
019
|
e | 0.70 | 300 | 15:00:34 |
Scotia Capital Inc.
P.O. Box 4085, Station A Scotia Plaza 40 King Street West Toronto, ON M5W 2X6 (416) 863-7411 085
|
019
|
0.70 | 5000 | 15:00:34 |
079
|
079
|
|
0.70 | 1500 | 15:00:34 |
Scotia Capital Inc.
P.O. Box 4085, Station A Scotia Plaza 40 King Street West Toronto, ON M5W 2X6 (416) 863-7411 085
|
079
|
|
0.70 | 8000 | 15:00:34 |
Penson Financial Services Canada Inc.
Suite 1100 360 St-Jacques Street West Montreal, QC H2Y 1P5 (514) 841-9665 005
|
079
|
|
0.71 | 10000 | 15:00:34 |
TD Securities Inc.
P.O. Box 1, TD Tower 12th Floor, 66 Wellington Street West Toronto, ON M5K 1A2 (416) 982-8222 007
|
079
|