I am slightly more inclined now, to believe the AH trades have something to do with big buyers, than anything else, though we may never know. One reason being, we did not see these trades until the pps was brought down to very attractive levels.
Continual and consistent 'large block buyers' are more likely below .30, than above .30, and even moreso, below .20.
For us Longs to believe we are the only ones who are aware of the Hemi fundamentals is naive.
With oil holding high ground as it is, you can be sure I am not the only one who closely watches/studies O&G companies, and when an O&G company does a 45 bagger in 3 months, you can bet we are not the only ones who noticed it.
To date, I am still not aware of ONE SINGLE O&G company that has done this 45 bagger. Whether it held or not, does not matter. That it had the market attention to do so in the first place, does. IMO, it caught big, savvy eyes, and quite possibly, eyes that can pull strings and manipulate the pps back down to ridiculous levels.
We live in a world where greased palms and buddy/buddy systems rule...as in RULE (!) and wealth is merely the transfer of monies from the impatient, to the patient.
Unfortunate as it is, many here think 'day to day', ie; the ten minute mind. There are some (and the wealthier, at that) that plan for the future. Debt-free O&G companies are a rarity, and especially, those with libraries of records, 4th generation oilpatch management, attractive and considerable assets, etc.
Yeah, unexplainable as it all may be (AH trades), it still makes perfect sense, in an abstract kind of way.
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