Morgan Stanley sure would have. Check out the average price for the top 4 buyers.

Here are all the house positions for : SGR for 5/26/2010.

House Positions

	Exch	House	Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
		53 Morgan Stanley	484,828	2,168,561	4.47		0				484,828	-2,168,561
		11 MacQuarie	159,600	738,322	4.63		0				159,600	-738,322
		7 TD Sec	257,234	1,171,712	4.56		100,803	453,712	4.50		156,431	-718,000
		99 Jitney	410,100	1,868,056	4.56		298,300	1,356,242	4.55		111,800	-511,814

14 cents cheaper shares than 11(MacQuarie) and 9 cents cheaper than 7(TD) & 99(Jitney). If you're covering shorts, selling anonymously and either buying through Jitney or Morgan Stanley would have got you almost 1 million shares below 4.52.