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Tuesday, May 05, 2020 10:09:58 PM
What am I supposed to be watching exactly? And why?
There is a card game called poker (e.g. Texas Hold'em). In it players sit around a table and they take three cards, then wait for "the turn" (4th card dealt) and maybe risk losing it all on "the river" (last card dealt). During this time contestants observe physiological signals from other players (a twitch, a slight grin, eyes opening slightly, hand trembling, nervous feet shuffle, clearing of throat, etc.) to see what those expressions may tell them about the player, and what the player might be expected to do next or "next time." You can raise, you can call - all in relation to what another player does.
The SEC played its hand too early, if it was in bed with BP - unless there is more to the drama - as now seems likely.
You asked "why did he wait" - it's a gambling strategy - maybe you don't raise on the turn, but at the river, or maybe you raise right away to get people guessing. I don't know if Berman is a player, but he is definitely playing his hand with DECN. The SEC made a move, he waited . . . now he makes a move . . . perhaps more, who knows. Maybe the SEC will "call" his hand. Maybe a Senator will "raise" the SEC. We have time.
Smart players don't reveal the strength of their hand for nothing. Raise the pot.
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