For days now the buys have been outnumbering the sells by very wide margins, and i believe that the 2.3mill buy on Tues has really put the cat amongst the pidgeons, with the MM's desparate for shares, they're trying their usual tricks, first its been dropping the s/p hoping to get weak sellers and when that dos'nt work they drop it more hoping to trigger stop losses..They've both failed so their next step should be to raise the s/p in the hope sellers wil appear to save face...
It seems very strange to me that a stock that has proven output and proven reserves (and growing) drops over 10% in a day where there were far more buys than sells. Yes the finances aren't in the greatest shape, but now the infastructure is in place - no more lorries transporting, instead a shiny new pipeline, to ease the problems with transportation of the black stuff to market - Something stinks - GLA
Something big is brewing here, the MM are pulling every trick in the book to gather stock, They drop the price, they raise the price, the drop it again there's something up here that's for sure. A company that's producing Oil, has struck Oil 2 out of 2 times in a ten Well program for the Arbuzovskoye Oil field which now looks to be a bigger free-flowing Oil field, It doesn't suddenly drop in value like that!!!!
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