slap up another 200k at 30 with a dim sim thnk, page-6

BF:

"They're really keen on supporting it at 30, but why ?"

Why not? Thanks to the shaky last few days across the markets, they've been able to get partial fills. So why not.

As you inferred however, i have NO doubt at all that this has been arranged in coordination with mngmt and Ascott Securities.


FED tonight pumped $200bn into mortgage market. This could be the start of the rebound, as the magnitude of cash sittin on the sides waiting for a re-entry sign is mind boggling.

So ACS should hopefully make its run to 40cents and beyond this week and next.

If the Chinese dont get their fills at 30, they will surely move up to 35c and then if the cant get filled, they'll jump to 40c. A few cents here on their means NOTHING to them. I mean seriously.

So dont sell into 30c and she'll move muchmuch higher.



Cheers!