HGR unknown

likes moths to a flame...

  1. 15,276 Posts.
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    Recent developments appear to carry genuine value for HGR here...

    Hard to quanitify however.

    But do not be fooled that the significant trading we have seen in recent sessions is really anything more than a traders version of moths to a flame.

    To be honest...no self-respecting trader would have missed dipping their toes in this today.

    Significant volume and significant volatility...more than enough for some serious money to move in an out as part of a sort of unspoken coordination between market players and a game of musical chairs.

    It is always enticing to join in such a game when a large number of players hunt in apparent unison like this...not so nice of course for the startled prey.

    I was fortunate to get a 100% hit rate on this today, moving large lines in and out numerous times...ending my efforts a little early just before the final failed rally around 2.00pm, but happy to be out anyway.

    Put all the profits straight into CVI...150K of free shares.

    lol

    This is not over by the way...as it appears some of the players still want their chairs...but in the interim I expect a massive re-loading effort to ensue, after which it could well track significantly higher again.

    Bottom line however, once the dust settles, there is actually likely to be value here for shareholders...as long as they can still walk afterwards of course?

    lol

    Cheers!
 
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