GREY:SOGFF - Post by User
Comment by
amp7on Dec 15, 2012 2:17pm
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Post# 20735529
RE: Still more good news
RE: Still more good news Tend to agree. IMO, the substantial growth in price and volume indicates that fund managers were taking a position in the $1.00 to $1.20 range over the last two weeks or so. They would not be doing that unless they expect growth going forward.
That does not change the picture on the energy sector overall but it's comforting to know that some larger players are making the same bet we are.