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Re: midtieroil post# 273716

Thursday, 05/09/2013 1:27:39 PM

Thursday, May 09, 2013 1:27:39 PM

Post# of 363116
Well I don't know about SNP playing poker or waiting people out and such...

...but I do think it is reasonable for SNP to move slowly in the JDZ so as not to attract too much attention in the vicinity, for example, in the EEZ, where they have clearly shown an interest as Sinoangol.

Therefore, I find it plausible that things get communicated in ways that are sometimes done for strategic reasons...poker or no poker.

Speaking of poker...the shorts are having quite some difficulty bluffing the market aren't they, because they still appear to be losing tons of money and even doubling down on this bet...which, with nearly 50% of the volume or more as short volume will certainly set themselves up for a short squeeze.

If I were them, I would suggest that they consider covering now while the price point is still "ok"

Krombacher - the above may be wrong.