FXR fox resources limited

interesting trading !-impending news?

  1. 439 Posts.
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    1) recent announcements were interesting but not substantiative enough for the trades of last two days

    2)my observations of the tardes of last two days was that the -DIY traders were trying to take small profits - some people who seem to know something seemed to have waited behind the bushes milking from the short profiteers- once its closer to closing time there is a last minute scramble for large numbers.

    3)the trades are not insto trades - the volume is large for each trade and not consistent through the day - it is a last minute scramble -typical of impending news

    4)Who ever is buying is though cautious not to invite attention of a large buy order - and hence does not que up and buys on spot not waiting for a half cent move down (suggestive of some kind of insider)

    5)the announcements will buffer a speeding ticket to some extend

    6)The result is unlikely to be just a good drilling result
 
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