GREY:ROAOF - Post by User
Comment by
Hqzuj12on Aug 29, 2008 10:56pm
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Post# 15421457
RE: stock options 101
RE: stock options 101Why not sell and take profit. The CEO can now use less money to pump it back in at these lower prices. When they know good news is on the way the next time this stock will roar to new highs. If they are smarter investors than some on this board I would think they knew this oil bubble would deflate and couple that with slightly disappointing Q2 as some here think. Yes why no sell.
I think for the shares of 100, 200, 300, 400 lots and so on, are the big players throwing shares around to push the price to where they want it. They may be using codes like 100, 100 "give me more" or 100, 200, 300 "stop buying" etc. We don't know what the codes are. But in general the price of oil per barrel has stopped dropping. There are still analysts saying that the oil bubble is not over. I think otherwise. And I also think they want us to feel nervous. When the cold weather hits you will see the price of oil increase. We may even see some insider buying again.
So far there has been a good run from $13 to $15 for OIL so I'm not complaining.