Is the squeeze on?

[Moose]

It feels that way to me.

Moose

[admin]

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..

[Moose]

If this isn't short covering, that's ok also. That sets up more big days when they do!

Moose

[admin]

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..

[efi426hemi]

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

[Moose]

True Efi, I think I'll do the same!

Moose

[ValueSleuth]

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

[admin]

That's a pretty bold prediction, Value..

[Gator]

It feels that way to me.

Moose

if you have to ask, the answer is NO.

[TxPm]

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