Benzinga: no news...

[Petrovale]

Benzinga reports recent spike down on high volume. IOC spokesman says there is no recent corporate news or developments to explain this spike.

[admin]

I suppose they're not talking about the spike down today (we went from 52 to 49 in a matter of a minute, somebody dumping a few shares), but since recovered. Fun and games in thin trading.

But the recent spike down from the mid 50s, the Crooz stuff?

I'm not sure too much should be read into that either, to be honest. A bit of year-end selling seems likely.

[Petrovale]

STP, yes, they were talking about today's spike down. Apparently, Benzinga talked to IOC about it. We concluded there is some short covering going on.

[admin]

Ok, thanks.