Just my opinion but i think heaps of VIL holders jumped to SSN today. SSN traded $12M and went up (massively) and VIL traded $12M and went down (conservatively).
Obviously i am not saying that this is a one for one move and attributing the action soley to these two stocks but i think a lot of investors are after heavy quick action based on announcements and the quick spikes they can generate.
That's why i sold my SSN late this arvo, i nearly doubled my money so am stoked but will now sit on the sidelines until the trading hangovers kick in and wait a few days until VIL / GGP and who knows? maybe even BCC (i wish) post a positive ann and then many holders leave SSN and go for the short term action elsewhere. PLUS i think the strong milky white cut indicates the presence / use of Barite in the Bakken Formation / drilling process, nothing more nothing less.
Good luck to all, and hopefully i'll be back in at a lower entry point soon
SSN Price at posting:
3.0¢ Sentiment: ST Buy Disclosure: Not Held