tiny oilers under pressure?, page-8

re: thanks for putting the boots in sandybeachs...

I'm topping up left right and centre...very happy!

Given your supremely accurate and definative ability to predict future price moves...and the obvious effect that doing so has in moving the markets...perhaps we should all thank you for NDO's easing price?

Anyway, back to NDO...

I reckon that should just about do the sell-off for now in my opinion.

MOG, BAS, LIO VPE & co. are sucking the spec market dry at the moment, which shortly could be fantastic for NDO.

In a day or two, smart money will be taking their profits from these oilers, and will be looking for the next "spec" to run.

If NDO management run true to form, I suspect they might release an announcement about then.

But it's only a guess on my part!

I must say, it dropped a little lower than I expected today, but quite happy about it hitting 4.2c today...which I think is the number we had to have!

A few sell indicators yesterday and today, so might take a bit more effort to turn back up than I had expected, however not much volume following it down and options holding a healthy premium, so it could turn very quickly whan it does!

Cheers!