RE: RE: RE: RE: RE: 3 HRT Wells Zagorsk, I have itrade Level II and for weeks there has been little but 5K asks, from top to bottom, a penny apart. When I throw a 10k bid in at the bottom, it invariabley disappears when forced out with a half penny bid further up. When I increased my bid the asks suddendly become a half penny apart with the spread reduced from five cents to 3 cents, I've concluded the stock is being kept where it is by market manipulators and wiser heads here have agreed. I finally got fed up and threw my lot in with HRP hoping to ride the run-up which so far is a none starter. Last count there were 16 dusters drilled off the Namibian coast according to an HRP poster. I believe it was 'hereandthere' that mentioned hundreds of dusters were drilled in the North Sea before it came in ...
Having been soley an EOG investor in the Namibian play over the past year, I've recently been acquiring HRP from a dollar down to where I'm weighted 50/50 Book Value. The plan was to dump half my holdings before the well results were known and in the process make 50% on the run-up - Bears make money, Bulls make money, Pigs get slaughtered.