Apparently

[Tree]

The large WS buyers of IOC have returned from their weekends and have done their DD on SHU this afternoon.

Anyone get the feeling this is more than an extractive transaction??

[Movieguy]

Till we see some volume, like 100K/hour, I don't think we can read much into it.

[tarulestheday]

Based on the chart, all hell might break loose for the shorts when (not if) IOC closes over $77.50. It will not take a big buyer to force their hand.

[Tree]

'Collin, it's the lady from Platt's on line #2........she wants to discuss the partner selection status and recent comments made by JP and PNG PM'

[Gator]

Check out the volume in the April deep in the money calls. 8000 contracts trades today from the $40 to the $57.5 strike prices. That is 800,000 shares that someone wanted to buy quickly.

[ellerslick]

Check out the volume in the April deep in the money calls. 8000 contracts trades today from the $40 to the $57.5 strike prices. That is 800,000 shares that someone wanted to buy quickly.

Stealth buying is good, I would still like to see some volume.  I always thought their was a group between the longs that have filled their boat and the institutions that won't buy until a deal.  That sneaky group trying to catch this baby just before delivery.  Come on sneaky guys, a little more sneaking.

[Palm]

Check out the volume in the April deep in the money calls. 8000 contracts trades today from the $40 to the $57.5 strike prices. That is 800,000 shares that someone wanted to buy quickly.

Interesting.  And some action in the Junes also.  Looks like some positioning going on and with the pop in pps maybe some leaks starting to spring.  PRE announcement helps with the additional injection of $55 million and implication that Tri is very promising in their eyes.  Things coming together and anticipation is causing some to start getting ready for more news.

Pressure is building in the stack at Napa Napa; conclave just had pizza delivered for next session.

[jft310]

The Bigs on both sides don't want BIG volumn. Some BIG longs are still adding, Some Big shorts are slowing covering me thinks. Many are short a partial position at $78.

[Tree]

The Bigs on both sides don't want BIG volumn. Some BIG longs are still adding, Some Big shorts are slowing covering me thinks. Many are short a partial position at $78.

hey,  was the PTT cove bid accretive??  Just checking.

[Getitrt2]

Couldn't light volume with stock appreciation be related to a large extent to much less shorting of the stock and a lot of buying in calls?