Current position in the Water through the Telescope24 Nov 2020 21:27
Current Position in the water through the Telescope,
Just to Reiterate in my leathery, Rum filled,shovel handed , salty sea dog opinion ,
I believe we are right at the end phase of this long awaited incoming offer on the medieval table where the finest juicy meat requires slow cooking ,
& we are all sat salivating & sharpening our fighting irons until the mouth watering grub is brought to the table .
I’ve waffled about this many times over last few weeks in various posts & on the hourly updates & appreciate doesn’t effect the Biblical incoming however can indicate ‘when’ by the recent market behaviour ;
. Stock price taken higher to 38 to allow ii to offload stock for a substantial profit from 22p
. RNS issued stating no reason for rise (, I like Ian’s judgement on this - straighten the false Vipers)
.MMs jumped on this perfect leverage rod to create a negative market & fuelled by sells on the market & leathered the share price back down over a week .
.During this period , CFDs short positions taking out to benefit from the drop , coincidental ?? I doubt it .
.CFDs shorts closed once at required level via 8.5 indicating direction change imminent
.once stock price reached required price band 27-30 huge accumulation on the longs starts highlighted by the Mia on the hourly updates , MMs full filling huge institutional orders on the long side , then dribbled on the market over weeks in medium trades , camouflaged onto the market , or dropping huge delayed Kippers on the deck out of hours as we saw today ,
This period seems to be continuing but for how long ..
.CFd longs stated via 8.5 again underpinning foreseen direction of stock .
.MMs free float exhausted & dry at lower levels so moved to the top of the band & then subsequently back down manufacturing trades until the orders are filled & desperately holding the stock price as long as possible to carry out further fishing trips ,
we have been nailed like this for weeks chained in port .
.no one knows exactly when the Herculean incoming RNS will land or the ingredients within it , however guaranteed a huge amount of Moby Dick buy trades will appear prior to this or show delayed soon after highlighting the accumulation that has occurred for institutions perhaps with one or two brown envelopes at the UBS urinals .
. All above in my eyes indicates monumental positivity & getting near an offer on the table as positions taken to make money on money , & all shipmates are right in this & the Biblical Kings Ransom ain’t far away .
All above in mine & Septic Lils opinion & Massive Rums all round .
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