announcements - ready for some movement!!, page-6

It looks like someone is shaking the tree by way of playing stacks on the sell side (putting on sells well outside the bid - ask spread). Perhaps someone is trying to accumulate the stock at lower levels (maybe even the 1-2 million share buyer from last week I referred to previously)? For example, there were games during the close auction which felt like someone was trying to force some panic selling and absorb any of it. Additionally, during the day someone topped up the sell side to 500,000 at 24.5, 25, 27 and 30 cents, all at the same time, thus weighting the buyer:seller ratio heavily towards the sellers. Hopefully some good news on Spain (farm-out) and/or Uruguay (seismic permits and/or redrill of corehole 2) on the 30th will create enough impetus amongst the buyers to test whether they're indeed props or not. Not long until the quarterly now. :-)