second rig, page-6

I think we need some large volume to break the resistance. My feeling is that the seller is not yet finished. As I found tha main sellers are shaw and Pershing. I think Pershing is selling on behalf of indian ocean. Both were recepients of shares last week. I raised this issue with management earlier this week. Regarding cr, as usual, it is price sensitive info so I was not able to get out much. They were also not sure why they were selling, probably overstocked. The seller knows that drilling is to happen, but still selling. Hence I though about cr. I think we will know after only some weeks.