It looks to me that the MMs are dragging the prices down to try and scare people out, but because no on is selling they increase the price and try again. Thats my view of the last hour.
I wonder how the MMs will cope if people continued ust buying and holding. We have to have news very soon and when we do it will be big. Coud see a doubling in SP overnight.
$61.67 up again. Brent Crude has gone up a lot whilst AMER struggles to crack 20p, so I assume it will catch up once 20p has been breached and if an RNS comes could reach 25p + very quickly.
Despite shares being in 'sticky hands' I think tomorrow afternoon we could see a lot of blue across the board as if news on Monday noone would want to be out of this share over the weekend.
Why tomorrow? Wouldn't news Monday be better!! Some funny antics in the last 30minutes with the sp falling quite sharply only to finish close to where it began the day.