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+--- Thread: Is the squeeze on? (/showthread.php?tid=1120)
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Is the squeeze on? - Moose - 07-17-2012
It feels that way to me.
Moose
RE: Is the squeeze on? - admin - 07-17-2012
Well, there certainly seems to be some acceleration, and I'm not quite sure what the shorts think or count on to bail them out, to be honest..
RE: Is the squeeze on? - Moose - 07-17-2012
If this isn't short covering, that's ok also. That sets up more big days when they do!
Moose
RE: Is the squeeze on? - admin - 07-17-2012
Well, many people were surprised that there was like 1.5M short covering in the last report, but I was surprised there wasn't more of that. A deal has been telegraphed for quite some time and they've confirmed Triceratops as another major resource, RC bought 15% etc..
And it doesn't look like Duma will be the next PM, if that ever was a scary prospect in the first place..
RE: Is the squeeze on? - efi426hemi - 07-17-2012
Hey Moose,
I could speculate regarding what is going on, but I am going to just sit back and enjoy this. Hopefully this is just a minor tremor in the future eruption of the super volcano known as IOC.
Health and Happiness,
efi
RE: Is the squeeze on? - Moose - 07-17-2012
True Efi, I think I'll do the same!
Moose
RE: Is the squeeze on? - ValueSleuth - 07-17-2012
(07-17-2012, 04:40 AM)admin Wrote: Well, many people were surprised that there was like 1.5M short covering in the last report, but I was surprised there wasn't more of that. A deal has been telegraphed for quite some time and they've confirmed Triceratops as another major resource, RC bought 15% etc..
And it doesn't look like Duma will be the next PM, if that ever was a scary prospect in the first place..
Not only won't Duma be the next PM, but he won't be the DPE minister either.
The money that ExxonMobil and other oil/gas companies threw around to try to defeat him and advance candidates opposing his United Resources Party compatriots has paid off handsomely.
Duma will be a non-event in the coming Administration. In fact, I suspect he'll be a target of the anti-corruption efforts of the new government.
VS
RE: Is the squeeze on? - admin - 07-17-2012
That's a pretty bold prediction, Value..
RE: Is the squeeze on? - Gator - 07-17-2012
(07-17-2012, 04:22 AM)Moose Wrote: It feels that way to me.
Moose
if you have to ask, the answer is NO.
RE: Is the squeeze on? - TxPm - 07-17-2012
I don't know if anyone was watching the bid/ask spread in the last hour of trading but I saw several times when the spread was over $1 and for the vast majority of the last hour the spread was at a minimum $.50