re: Ann: Basker-Manta-Gummy - 2P Reserve Down... Selmax,You...

  1. 147 Posts.
    re: Ann: Basker-Manta-Gummy - 2P Reserve Down... Selmax,

    You should apply your strategy on open. Your target would be achieved in 10 minutes.

    BPT just released an announcement that their BMG share is only a fraction of their total reserves. I don't know the ratio for ROC, but I guess it would be more significant than BPT. Their SP performance today already approved it.

    It's also not a good sign that it opened as low as 42.5, bounced back to 52, now it is gradually towards the low again. The likelihood is SP will move to 30 range.

    I would wait for an announcement from ROC to clarify reserve ratio for BMG.
 
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