Cant recall the story in exact detail. But my broker said something to the effect that Morroccon sign offs for Farm-ins occur on a Thursday our time (for some reason tied to the cycle of administration in Morocco). No sign off on Thur night, hence the sell off yesterday.
He said great market over-reaction (stable Govt in Morocco with a reputation the value) and unwarranted sell off yesterday. Hence I bought some more in the low 70s.
Apparently next Thur is likely signing time.
Simply relaying what I was told fyi...
john kerry is to visit morocco , page-2
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Last
0.6¢ |
Change
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Mkt cap ! $16.85M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $32.53K | 5.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 11086175 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4404864 | 7 |
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