someone big is still increasing holding,t/o?, page-57

Buckland, the most who buy oppies now are hoping for a big percentage gain if the heads continue to go up. We can be honest here, the majority of those who have bought recently is not willing to convert. Even I won't convert if there is no advantage to the heads.

Therefore the oppies follow the heads without any premium as many will start to sell around Christmas or even early December. Everything depends on the heads and those, who are confident we will see heads at 4c and above, will buy oppies as those can be sold for about 80 - 100 % profit if bought today.

ATM it looks like the buyer still hasn't got enough. Let's see if 3.5c is his / her upper limit or if, in case the selling dries up, the buyer is prepared to go up to 4c.

Oppies are a risk due to the expiry date in 3 months but with the current buyer at work it could be very rewarding.

If my theory is correct then the buyer will go up to 4c at least. That's why I am holding tight and hope for 1c oppies at least.