i want big volumn, page-15

hi yeboz

thought about this yeboz, since we have got down to this price ( mid oct 10)we have seen three major US bank subsidiaries slowly increase their stakes by over 4 million shares, all pretty well in the 38-40c range.

they havnt appeared to be in a hurry because this has been a slow and steady accumulation over almost 4 months, they have been preying on RFE shareholders fear. reserve upgrade, price fell, revenue increases, price falls, increase acres, price falls back to the same level again.
we even tried to go on a run on 25/11 and 22-23/12 but pushed back down with immediate stacking of the sell side on both occassions.

we have seen every tick in the book yeboz in my opinion recently, we had an agressive bot for 1 day, that didnt work, stacking the sell side with orders miles away from the action, selling down of small parcels at key times to continually try and erode confidence, today we had several small sells late in the day to attempt to keep RFE at 40c.

why wouldnt an accumulator keep on collecting 100k or so shares a day at this price, there are still insane holders out there who think this is a good price.

remember if you were looking to invest about $40k a day in RFE would you like to buy 100k shares at 40c or 80k shares at 50c, that extra 20k shares a day soons adds up to alot of additional shares, all because there are still RFE holders out there who think there is something wrong with RFE.

personally believe that the accumulator put in the late sell today for 8 shares then the one in the auction for 6 shares but someone still bought to keep the SP at 41c.
think that we are reaching a point were the remaining
RFE shareholders realise that gas prices are increasing, Baillieus to do a research note soon, 3D siesmic on our new play soon, 5 wells planned for the year at this new play, possibly more acres on the way and yet our SP is only 1.2 times our current total asset figure. bollinger bands tightening, majorly undervalued and ready to pop on the release of good news.

yeboz, this is obviously 100% my opinion only, definitely not investment advice, you could be right, just lack lustre trading but i dont think do.