RE: RE: Nice pump and dump forming-MRSPECYou know very well that these houses got it because they are in nice and low but they will also play this stock up and dump at a nice profit and if they are landed with the cheapies after 4 months holding they will already have make a bucket full. You, being accustomed to this type of trading, know that game well.
You were also in the middle of the P&D last year .......
Oh! they will release another "big" hole and get the rabble all excited again. To date, this play is very small in size (in terms of the quality holes in the region) and only decent step outs (maybe north west) will prove differently. However, they will milk it and drill in close proximity to where they know they have a good shot of a decent hole. The company and the houses know how to maximize ..... it is the retail that will suffer!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!