RE:RE:RE:RE:RE:Big bounce today?Dan, did you ever think that someone has a heavy foot or putt as is said in stocks on NFG?
You know who the big boys are. I remember years ago when most companies sold their gold forward at a guaranteed price. They were all afraid that the bottom would drop out, and they wanted to make sure their profits were secure. So now I think some big boy or big boys are leaning on this stock with a heavy putt to keep the price in line for a buy-out. That way, their offer may look and sound good, if you know what I mean. I am totally upset with all the methods out there to prevent free markets from really performing the way they should. The company, or ES, should step in and see what this chit is all about, and I mean it.
Cheers
Regretably Bdog I think you may be onto something.
It is indeed the only time I remember a stock acting so badly on good
drill results....a buyer may be lurking.
To my way of thinking as we have so few having material positions in this
stock the buyer may be surprised that his bid may be thwarted.
To be considered he may very well have underestimated how low ball his
bid is. When he comes in he better make a good one or there will be a bidding
war. In this space in time war is ugly and may very well vanquish the attacker.
Throw out a number so we can scoff at it. IKE