Nice open on VIL allot of ST traders have taken profits already by the looks So there should be some solid anticipation play still at hand here IMO. The early flow test progress report indicators are the strongest I have seen on a small oil company in ages. The strength of this morning's push leads me to think perhaps we could see the SP touch on 10c before final results are out.
Light Crude with a pressure build up that gives rise to safety concerns . as per this mornings announcement.. Sounds excellent so far...Could see a second wave of lunch time traders and no doubt a few T+3ers hopping back in for some more short term action.
No stand out plays resembling last weeks action on my screen at the moment. A few companies trying to break the ton but I think VIL has the attention of most of the play money today..And perhaps for the next week or so...
Still keeping the eyes open for other potential scalps though.
