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80p by end of August is almost a 50% increase. What's not to like.
Seems madness to me to be selling at this stage. Anyone hoping to get back in lower is taking a massive risk.
Just look at what happened with SNG - closed on Friday 17th July at 36p and opened Monday 20th at 92p.
biglad,
So what. Wouldn't touch THR with a very long barge pole.
58.4 paid.
Can see this back in the 60's in no time.
Back to level.
Likely to end up blue today with possibility of news next week.
Full ask being paid. Bid price has been ticking up this morning as things consolidated.
FOMO to be kicking in shortly IMHO.
Woodstock, 47p looks a bit random to me. Why pick that number ?
On a risk / reward basis when do the shorters decide to close - there comes a point where trying to make another 5% can cost 10-20%.
Strong support around the 53p area based on 20 and 50 day moving averages on the daily chart.
Nothing goes up or down in a straight line and sometimes it's a couple of steps back to take a few forward.
MM's having a field day taking out stop losses so if you're a LTH think about where your stop loss levels are.
Expecting a very quick rally once it stabilises.
Bit surprised it hit the buffers around .29
Was expecting it to go higher before some profit taking made an impact.
Lots of news though just around the corner should see it continue to move on up.
.29 being targeted again.
Looking good for an attack on .30 in the coming sessions.
Yeah, that 12.6 million at .286 was reported late. At the time the spread was .27 - .28 and jumped to .28 - .29 afterwards.
MM's delay these trades for a reason - they want to disguise the level of demand.
.29 paid and fantastic volumes. Half of yesterday's already.
Likely to be in the .30's by the time the rig arrives at WN.
Expect to see .28p paid today.
Looking at the chart there's a high chance it could reach towards .30 by end of the week.
Sells can be buys and buys can be sells. It depends on the mid price versus what you can actually trade at. At various points today you could buy under the mid, making a lot of trades look like sells when they weren't.
For example the trade at 10:04 for 11,997,200 at .25 wasn't listed until 11:04 by which time the price had moved up, so .25 by then was under the mid and it was made to look like a sell.
All part of the MM's games so things aren't always as they appear.
Yep. Definitely a buy and helped with the increase in volume today.
Whether it's big news or not we have a pretty good idea of the schedule. Probably not this week for the rig at WNB, but early August looks possible.
When it closes above .26 that will be the highest finish since 30th September last year.
As the price increases the number of holders in negative equity is going to reduce so that will also reduce selling pressure coming from stale holders. Hopefully most will have averaged down and be in profit by now.
Did you doubt me Panther ?
Late reported 10M buy at 25.6
It's going up folks.
Buy and hold proving to be a great strategy.
.26 today may be ?