yesterdays ann allowed for 5mins trading and it surged 5%
Bob Hosking knows how to get the market to look when he wants it to. That ann was COP putting a huge chunk of change into KAR and taking up a 9% option. A 9% option on a prospect that is due to get drilling results today.
So was Bob revving the market up for a bigger better ann today?
Well here is a clue - COP is based in Houston and that decision definitely came from head office - it was 11pm at night when that ann was released
