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Member Info for Skooby

Member Since: Fri, 9th Jul 2010

Number of Share Chat Posts (all time): 2,460
Number of Share Chat Posts (last 30 days): 20

Last Posted: Fri 16:23

Post Distribution over the last 30 days

Fri 16:23

Interesting the way the price is rising. It's just gently climbing as selling from tired longs dries up and the bid is then gently lifted again to entice some more. I think it's a transfer from pi's and maybe some of the smaller ii's that are tired and is being gently hovered up by the mm's for a big II. Just trying to imagine if I was a big II how I would go about getting a nice big chunk here at this lovely price? I think it would look like this with all sells showing and inching up the price to tease tired longs into bailing. We'll see. GLA

Fri 15:32

Jimmy, that would amuse me if a massive new contract and news of intention to list on the FTSE caught us all napping. :0)

Dreamland for now but definitely a possibility if the plans all come together and we take up the rig options. That's the biggie that one. Cash is rolling in right now with every week that grinds on and at some point if we get the big one then all those options will have to be taken up.
Fri 09:14

Shortly after my last post, my L2 screen told me there was a newer version of this instrument and so I closed and opened another GDL screen that at first glance looked exactly the same. But.... guess what the EMS (min Exchange Market Size MM's are obliged to quote) now is? That's right it's gone from 20k to 30k. Either all the trades were to cover this change if it was a pre planned increase or the perhaps the change happened because of the large volumes that have been traded recently and the mm's have been made to hold more stock by the exchange.
Fri 08:55

NO. Its the rest increasing their min reserve sizes. Previously two were at 20k and one at 25k. Yesterday I noticed that one had jumped to 30k. Now they all are!!! Perhaps it is all about the mm's bigging up their holdings from tired longs to increase their liquidity ahead of the summers fun and games...
26 Mar '15

So what's the take on tomorrow then? News or no news? Hope so. Something must be afoot with all the activity recently. Looking forward to finding out. cheers

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