RE:RE:RE:RE:RE: Oil Prices Up On Signs of Slower ProductionIt doesn't make any sense to me either. I have suspected that the SP is being purposely held down for some time now, but it is just a gut feeling. The bright side to this is when it begins to roll, it will really breakout. This will create waves and make TPL highly visible throughout the market. Keeping the rolling average low before a breakout is an old trading trick, which takes a lot of time and balls to accomplish. While they are keeping their thumb on the SP they are flipping pennies and still making money and accumulating shares from anyone that sells out right now. This is the only thing I can think of for trading this low. It would be nice to see someone else flip the script on them and buy a few million shares out from under their feet. It would cause they to have to refill their position at higher price and get this SP back up to 10 cents or so.
londry wrote:
So why is there so much selling pressure at 4 cents? What's the rush of these sellers to exit at prices so low? Yesterday there was plenty of dumping at 3.5 cents.