re: Ann: Mississippi Zone Confirmed in Noble ... equator, outstanding news, in my eyes this has gone from a low risk high reward play to a NO RISK high reward play,
not worried about the sellers at all, if they are prepared to sell for a tiny profit, good on them, but they certainly are not the shareholders we need, the quicker they leave the better.
re todays action, besides being excellent churn getting rid of the shareholders mentioned above, i would have thought it was pretty clear there are large buyers accumulating.
sell side never varied from 49, 50 or 51 sellers all day, buy side has over 100k on every line. imho fairly confident that not only half the sell side belongs to the big buyers but they also did what i would have attempted to do.
you know there will be weak sellers, so stack the sell side, and put your buy orders below the open price, perfectly done today, sucked out over 900k shares.
if this was the Quantum fund, think they would have seen shares like RFE before, would have played out this scenario many times in the past, well done to buyers today, you got a bargain.
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