THE SMART MONEY ACCUMULATES WHILE THE ERRATIC MONEY EMASCULATES. ENOUGH OF THE PORKTIFICATION.
ON WITH THE SHOW........
ULI.V...NO STORY FOR THE PIG, JUST SOME HUGE SCANS ! WANT TO SEE A STOCK UNDER ACCUMULATION ? HERES YOUR BABY. THIS IS ONE OF THE FEW WE HAVE EVER SCANNED THAT PRODUCED SUCH HIGH AGREGATES IN ALL SECTORS. THIS ONES BEING BOUGHT ! CONSIDER A FEW FOR YOURSELF. THE PIG IS....
SMI.V...AN OLD PIG FAVORITE FROM A COUPLE OF YEARS AGO. LOOKS LIKE ITS ARISING FROM THE ASHES. GREAT SCAN AND SOME ACCUMULATION SIGNS. MOVING AVERAGES EXHIBITING AWAKENING ALSO. MIGHT BE TIME FOR A NEW PIECE OF THE ACTION.
AEL.V...THIRD OF THREE HIGH SCANS OF THE NIGHT. NO STORY FOR THE PIG JUST SOME BIG NUMBERS. THE ONLY CAUTION HERE IS THE LACK OF LIQUIDITY, IF AND WHEN IT RETURNS, IT MAY MAKE A GOOD TRADE. RIGHT NOW, ITS MADE THE TOP THREE, BUT ITS ON THE WATCH LIST FIRST.
Canada's Alpha seeks stock exchange status
Thu, Apr 22 2010
* Alpha eyes listings business, other services
* Shares of TMX fall 1.9 pct after news (Adds details, quotes, comments from Alpha, TMX)
By Jennifer Kwan
TORONTO, April 22 (Reuters) - Alpha Group, a key rival of Canada's main exchange operator, TMX Group Inc <X.TO>, said on Thursday it is seeking full stock exchange status in a bid to expand into new areas such as the listings business. Alpha, which filed for the status with the Ontario Securities Commission, said it expects the move will allow the alternative trading system (ATS) to develop new services and products, and compete on a level playing field with TMX.
The move would likely put further pressure on TMX, which runs the Toronto Stock Exchange and the junior TSX Venture Exchange, whose share of equity trading has fallen to just over 70 percent in March from about 92 percent a year earlier, according to public data. Alpha held a 21 percent share as of March, steadily gaining as it aggressively reduced or rejigged trading fees and bolstered its technology.
Thomas Caldwell, chairman and chief executive of Caldwell Financial, said the move could potentially hurt TMX, but he is skeptical of Alpha's ownership structure."I believe that the banks -- the biggest traders -- should not control the environment. It should be neutral. I like publicly owned, I liked separate governance watching the trading and how it's handled," said Caldwell, whose firm has holdings in TMX Group."When they're controlled by the banks you're introducing great conflicts and also information leakage."Alpha is owned by BMO Nesbitt Burns Inc <BMO.TO>, CIBC World Markets Inc <CM.TO>, National Bank Financial Inc <NA.TO>, RBC Dominion Securities Inc <RY.TO>, Scotia Capital Inc <BNS.TO>, and TD Securities Inc <TD.TO>, all units of Canada's big six banks, as well as by Canaccord Capital Inc <CF.TO>, Canada Pension Plan Investment Board, and Desjardins Securities Inc.
The alternative trading system, a non-exchange venue where investors can buy and sell shares, was launched in the fall of 2008 and pledged it would snag a 20 percent share within one year of start-up.Jos Schmitt, chief executive of Alpha Group, dismissed the often-touted criticism over the potential for ownership conflicts."We are there for the industry and we are there to service the industry. The only way to achieve that is to have ownership with the industry," he said. The primary focus for Alpha will be to expand its operations to include a listings business, as well as beef up its equity trading and market data services, said Schmitt. He said he hopes to see the ATS gain exchange status by year-end. TMX said its exchanges are currently second in the world by number of listings and sixth in the world by equity capital raised, statistics that demonstrate their strong domestic and international brand and reputation.
"Exchange reputation is absolutely critical in the listings business," said TMX spokeswoman Carolyn Quick. "We're confident we will continue to compete effectively." TMX shares fell 55 Canadian cents, or 1.9 percent, to C$28.95 on Thursday afternoon.
($1=$1.00 Canadian) (Reporting by Jennifer Kwan; editing by Rob Wilson)
Who scored, goofed in NFL draft trades?
Cowboys, Broncos went bold, while Ravens, Patriots played it smart
ANALYSIS
By Vinnie Iyer
Sporting News
updated 12:45 a.m. MT, Fri., April 23, 2010
Analyzing the up-and-down trades of Thursday night's first round of the 2010 NFL draft:
Denver Broncos
Action: Traded down from No. 11 to draft No. 22 (WR Demaryius Thomas) and No. 25 (QB Tim Tebow).
Reaction: They were calculated in packaging picks and then moving back up to land two players they coveted. Thomas makes sense because he has the size and speed to be the ideal, baggage-free replacement for Brandon Marshall. But their first round will be most remembered for their huge gamble on Tebow, the type of project quarterback who usually goes after Round 3.
San Francisco 49ers
Action: Traded up from No. 13 to draft No. 11 (OT Anthony Davis).
Reaction: San Francisco didn't want to risk the player it wanted all long, and a fourth-rounder was a small price for their starting right tackle.
Miami Dolphins
Action: Traded down from No. 12 to draft No. 28 (DE Jared Odrick).
Reaction: In typical Bill Parcells fashion, Miami still ended up with a solid 3-4 end while also getting linebacker depth (Tim Dobbins) and an early Day 2 pick (No. 40).
San Diego Chargers
Action: Traded up from No. 28 to draft No. 12 (RB Ryan Mathews).
Reaction: After C.J. Spiller went at No. 9, San Diego wanted to ensure it beat the Seahawks (at 14) to the second-best back in the draft.
Philadelphia Eagles
Action: Traded up from No. 24 to draft No. 13 (DE Brandon Graham).
Reaction: Philadelphia had a good sense that the Giants and Titans were set to go after defensive ends and jumped in front to take the one it wanted most.
New England Patriots
Action: Traded down from No. 24 to draft No. 27 (CB Devin McCourty)
Reaction: New England again pulled off a sneaky good slide. Bill Belichick still got his versatile cornerback, along with an extra third-rounder, for the sake of only three spots.
Dallas Cowboys
Action: Traded up from No. 27 to draft No. 24 (WR Dez Bryant)
Reaction: Jerry Jones was enamored with Bryant, and to get his man he wisely jumped in front of Baltimore to take him. The risk didn't cost much, just dropping from the late third round (No. 90) to the early fourth (No. 119).
Baltimore Ravens
Action: Traded down from No. 25 into the second round.
Reaction: Ozzie Newsome does it again. Once the Cowboys took Bryant, it facilitated Baltimore's decision to get second-, third- and fourth-round picks in Denver's desperation to get Tebow. The Ravens, already a strong contender, can add great depth with those selections.
Detroit Lions
Action: Traded up to No. 30 (RB Jahvid Best).
Reaction: After getting their big guy to stop the run at No. 2 (DT Ndamukong Suh), the Lions must have really liked Best, a little guy who can spark their running game. But they could have drafted Best on early Day 2 by staying at No. 34, or still found a good rusher/returner even later.
Minnesota Vikings
Action: Traded down from No. 30 into the second round.
Reaction: They wanted a cornerback, but once McCourty and Kyle Wilson (Jets, No. 29) were gone they decided not to reach for one. Instead, they swindled Detroit for a slight move down by getting pick No. 100 and a bonus seventh-rounder for No. 128
© 2010 Sporting News
URL: http://nbcsports.msnbc.com/id/36730099/ns/sports-nfl/
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