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downbutnotout
Posted in: PFC.L
Posts: 25,263
3 x 100k buys spotted.
Massive spread. sells at 20.50
Paid 20.90p for some.
Looks like a dead cat bounce in the oil price this morning. its hitting resistance. i'm not so sure about some of the targets folk are posting. 22p might be tops today.
In auction?
Less of a volatile day tomorrow I reckon. maybe a wee dip to 19.5p 1st thing. maybe not.
Posted in: ENQ
Sold HBR yesterday at 228p and double my holding here today over 2 buys the last of which was under 12p. Still in a downtrend witth a possible 11p(ish) bottom but given the recent hammering the oil price has taken this could reverse very quickly.
Shorters have only 8 full days to close before the 20th. volume today approx 16m. its going to get hard for them without the sp rising significantly.
MMs keeping a wide spread on this.
Looking good for the last hour. gla.
Hold 20p and build from here.
500,000 trade spotted. thats the big seller out then?
I paid 22p yesterday when it started to drop from the highs at 25p. think on.
??
116p yes sir!
Multiple of 10 bullish. 20p now.
13m so far low volume could work in our favour. shorts have 9% of shares to buy back. that is almost 50m shares.
The breaks come off if $70.50 WTI breaks.
Do what Buffett does. when a share is cheap you keep on buying.
Not much resistance above 20p
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