RE:RE:Playing now on your local screen.....unc12345 wrote: ACESover wrote: .....the 79, 39 we got total control of this show. Maybe Nutall getting as many cheapies as he can.
ACE$
I don't understand?
If you have access to level 2 and market depth you will see House 79 (CIBC) and House 39 (Merrill Lynch) are the 2 key players (MM's) and any given time are deep on both the bid and ask sides of the price.It is only my observation but I have seen this type of trading activity 2-3 times previously partcularily with CIBC. After walking the price down and a period of levelling CIBC has accumulated enough cheapies and will run the priice back up. IMO, Surge is getting ready for another run to $10 or higher and if the price of oil cooperates much higher to the $13-$14 range. Most analysts seem to have similar price targets.
ACE$