GREY:WFREF - Post by User
Comment by
Ahkenahmed2on Jan 30, 2015 5:28pm
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Post# 23383562
RE:shorts about to get dirty
RE:shorts about to get dirty ;-) Yes. Not sure about a crush though. A spanking perhaps .. ;-) maybe not as MMs have managed, indeed, effectively contained the pps rise over this week and I feel they have covered a good deal and now they are amassing for a move up .. and as you note, today oil rose slightly but was not reflected in pps here. Sentiment is still sour and you cant fight the MMs .. so .. trade with them..
To continue to short would mean that the abysmally pesimistic sentiment must persist strongly to go below a buck on this particular one - AT LEAST at this point in time. AIMO of course. but I dont think a drop below that could be sustained, I can always be wrong but I would also be a buyer too.
I have been bid supporting at multiple price points and only got a few 1.01s but still .. not bad.
Just waiting now. I should like to see the March Div announcement ..