Jitney defending 2.82 against some big CIBC blocks. Maybe there's an ownership war going on or CIBC is trying to cover. 2.82 also happens to be 50% fib retracement of wave 2 move down 3.01 to 2.63 and 2.63 just happens to be the 50% fib retracement of wave 1 - 2.25 to 3.01.

Trades today clear end of the month. 371k new shorts were piled on. CIBC needs to cover.

Market Depth By Price For V : SGR as of 2009-08-26 10:09:00

Special terms orders and non-boardlot orders do not appear in Market Depth by Price.
			Bid		Ask
	Price		2.80		2.81		2.82		2.83		2.84		2.86		2.87		2.88		2.89		2.90
	# Shares
	4,100		3,900		361,750		13,000		8,000		8,000		5,000		13,154		23,000		72,600
	# Orders		1		3		5		5		3		5		3		4		4		11

Bid # Orders # Shares Price 3 8,000 2.84 5 13,000 2.83 5 361,750 2.82 3 3,900 2.81 1 4,100 2.80

Ask Price # Shares # Orders 2.86 8,000 5 2.87 5,000 3 2.88 13,154 4 2.89 23,000 4 2.90 72,600 11

Bid	Ask
Broker Volume Price 99 Jitney 4,000 2.84 99 Jitney 3,000 2.84 80 National Bank 1,000 2.84 99 Jitney 3,000 2.83 99 Jitney 3,000 2.83 99 Jitney 2,000 2.83 99 Jitney 3,000 2.83 99 Jitney 2,000 2.83 79 CIBC 200,000 2.82 79 CIBC 160,000 2.82	Price Volume Broker 2.86 1,000 80 National Bank 2.86 3,000 99 Jitney 2.86 1,000 99 Jitney 2.86 2,000 99 Jitney 2.86 1,000 80 National Bank 2.87 1,000 99 Jitney 2.87 1,000 99 Jitney 2.87 3,000 99 Jitney 2.88 554 2 RBC 2.88 3,000 124 Questrade