In the last 3 days Dundee has netted out 1,431,000 shares at 2.99(1,605,600-174,600). Is the short position of 1,407,699 theirs? are they rolling it over? or just getting rid of it before the debenture expiration date and a potential meteoric sp increase?
Here is the position of broker 27 for :SGR for 10/19/ 2009 to 10/ 21/2009.
|
 |
Broker Position |
 |
 |
Date |
Bought |
$Value |
Ave |
Sold |
$Value |
Ave |
Day Net |
Position |
$Net |
$Position |
 |
2009-10-19 |
92,200 |
276,763 |
3.00 |
110,900 |
333,660 |
3.01 |
-18,700 |
-18,700 |
56,897 |
56,897 |
 |
 |
2009-10-20 |
1,261,800 |
3,767,905 |
2.99 |
1,108,500 |
3,311,496 |
2.99 |
153,300 |
134,600 |
-456,409 |
-399,512 |
 |
 |
2009-10-21 |
251,600 |
753,712 |
3.00 |
211,600 |
634,832 |
3.00 |
40,000 |
174,600 |
-118,880 |
-518,392 |
 |
Total |
1,605,600 |
4,798,380 |
2.99 |
1,431,000 |
4,279,988 |
2.99 |
|
174,600 |
|
-518,392 |