Tuesday, November 19, 2013 6:48:01 PM
sounds like philipines held on to only10% of malampaya to get contractors in and spend 3 billion on the project.....maybe fep.l will get 10% left and under...Its a total guess....I'd like to hear back from someone who is more of an OIL analyst than I attempt to be..... I really have no clue for sure.....I just like to invite conversation on it........maybe learn from feedback.
as far as volume goes...the 10 day volume was under 48,000 a day....or $480 a day,at roughly a penny......that means if you were the only one buying it....it would have taken 10 days to buy a position of just $5k worth of shares,,,,500,000 shares....not my opinion...its right there on the fecof avg. daily volume chart for 10 days.
I think if someone needs to pull out some cash for christmas its very possible/feasible to offset your winning positions with your losing positions to avoid the large capital gains tax.....and then buy back into the company you sold after january 1st, thats if you still want to own that company's shares......and lets face it,,,,fecof is definitely red for the year as oppossed to most stocks being green,,,,,,,,,
best of luck
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