LSE tonight, page-7266

Morning all, interesting nights trade on the AIM with a close up almost 24%.

There was a lot of chatter that this was based on a leak or oil flow. I don't put much credence into these rumours.

I'd suggest it is more than likely the result of 88e bring oversold and the MM's sensing an opportunity to manipulate the price up.

As DW may provide another RNS early next week this will provide them with another chance to shake out the nervous holders.

I note, there was the usual early scramble and then they took a break for lunch, but there was some good action before close and some large buys.

Should see some good action today, anyone that for back in a day ago will be happy in the ST. I can see a 3.2c close.

There's a fair chance though that the AIM gains could be just quick pump, anyone buying today should be very careful IMHO.

Remember, the well is "shut in" and that is all we know, the rest is hear say and rumour.

Cheers, happy Friday.