I'm all for the merger.

Some of you former FWR shareholders will remember house 91...Jones, was a huge buyer prior to the FWR deal. House 91 represents large institutions and arbitrage. If they are buying it is to have a vote and to make profits on the spread. There's more on the table here.

Jones Gable is another house that represents savy traders. Their average is 1 cent over the Cliff's bid. Also a good sign.

The market will run out of sellers so the only option will be to raise the stakes or admit you got you butt handed to you by a bunch of Cannucks!

This is too cool!

House Positions

	Exch	House	Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
		91 Jones	11,493,000	1,601,955	0.14		0				11,493,000	-1,601,955
		44 Jones Gable	1,000,000	135,000	0.14		0				1,000,000	-135,000
		63 Byron	832,000	112,320	0.14		0				832,000	-112,320
		99 Jitney	380,000	53,355	0.14		251,000	35,350	0.14		129,000	-18,005
		66 Pope	50,000	7,000	0.14		0				50,000	-7,000
		36 Latimer	18,657	2,549	0.14		6,405	902	0.14		12,252	-1,647
		6 Union	25,000	3,425	0.14		15,000	2,025	0.14		10,000	-1,400
		39 Merrill Lynch	1,000	145	0.15		1,000	140	0.14			-5
		62 Haywood	128,300	17,712	0.14		129,500	18,080	0.14		-1,200	368
		58 Qtrade	10,600	1,519	0.14		17,000	2,365	0.14		-6,400	846
		89 Raymond James	0				35,000	5,250	0.15		-35,000	5,250
		141 Bolder	0				42,500	5,950	0.14		-42,500	5,950
		70 Manulife	0				50,000	7,000	0.14		-50,000	7,000
		124 Questrade	9,500	1,330	0.14		74,900	10,261	0.14		-65,400	8,931
		37 MacDougall	0				100,000	14,000	0.14		-100,000	14,000
		48 Laurentian	0				120,000	16,800	0.14		-120,000	16,800
		81 HSBC	40,000	5,600	0.14		232,000	32,320	0.14		-192,000	26,720
		85 Scotia	1,328,420	183,102	0.14		1,527,711	214,793	0.14		-199,291	31,691
		19 Desjardins	904,500	126,487	0.14		1,108,000	153,412	0.14		-203,500	26,925
		71 Brant	0				225,000	30,375	0.14		-225,000	30,375
		79 CIBC	165,500	22,467	0.14		406,282	56,176	0.14		-240,782	33,709
		46 Macquarie	97,000	13,580	0.14		375,637	52,009	0.14		-278,637	38,429
		9 BMO Nesbitt	1,542,500	214,962	0.14		1,849,700	256,474	0.14		-307,200	41,512
		80 National Bank	742,000	103,880	0.14		1,379,250	193,228	0.14		-637,250	89,348
		75 MGI	0				769,230	103,846	0.13		-769,230	103,846
		33 Canaccord	1,000	140	0.14		798,200	111,252	0.14		-797,200	111,112
		83 Mackie	0				1,135,000	158,650	0.14		-1,135,000	158,650
		67 Northern	0				1,413,500	194,457	0.14		-1,413,500	194,457
		2 RBC	63,089	8,807	0.14		1,534,400	213,548	0.14		-1,471,311	204,741
		7 TD Sec	1,867,796	261,668	0.14		4,217,647	586,130	0.14		-2,349,851	324,462
		1 Anonymous	152,000	21,285	0.14		3,038,000	423,495	0.14		-2,886,000	402,210
		Total	20,851,862	2,898,288	0.14		20,851,862	2,898,288	0.14		0	0