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13-04-2011, 03:49 PM
#251
Looks like the charging BUL has come up against a Cattle Stop
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13-04-2011, 05:30 PM
#252
Member
Hi Strat,
A cattle stop maybe, but a buying opportunity as well.
Cheers
Paddie
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13-04-2011, 05:35 PM
#253
Originally Posted by Paddie
Hi Strat,
A cattle stop maybe, but a buying opportunity as well.
Cheers
Paddie
Hi Paddie.
You may well be right there. Thing is, nothin seems to happen too fast in BUL Land and Ive got no spare money right now lol
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13-04-2011, 07:07 PM
#254
Member
Originally Posted by bermuda
Hi Ron,
I have not seen it. The last pm you sent me was about the 2nd OXX drill being a better chance that the first. That was just before the bbq here. Which we discussed.
I am sorry I have not seen any others although I did get a message from the administrator recently saying that my inbox was full and that Brut was trying to send a message. So I have cleansed my file.
Here's to OXX and BUL.
Cheers
Hi B,
check your mail, i've sent you a PM
Ron
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19-04-2011, 12:31 PM
#255
Member
Some good support today for BUL considering how the overall market is faring.
Paddie
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19-04-2011, 03:06 PM
#256
Member
Originally Posted by Paddie
Some good support today for BUL considering how the overall market is faring.
Paddie
I was just thinking that. Bank of America are now a big holder with 50 million shares and they tend to play around with the SP by buying and selling. They are in Beach as well and they manipulate their SP up and down. I'm not sure whether they are shorting or just trading but whatever it is it causes volatility.
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19-04-2011, 04:23 PM
#257
Originally Posted by Rabbi
I was just thinking that. Bank of America are now a big holder with 50 million shares and they tend to play around with the SP by buying and selling. They are in Beach as well and they manipulate their SP up and down. I'm not sure whether they are shorting or just trading but whatever it is it causes volatility.
A bank does Day Trading, good grief and America's credit rating has been down graded to an AAA
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19-04-2011, 07:28 PM
#258
Member
Must be Mathew capital partners using BOA, they are at 7% so have gone substantial.
I would expect them to play around with the SP, "actively controlling their holding". Smart boys with big pockets.
Have a feeling they might have a position in BOW as well. If so that would mean they must think this sector will heat up again real soon as they don't tend to take overly long positions.
They got burnt with BPT after the GFC but returned with a vengeance.
Seems that they like gas and plenty of it. Interesting.
Last edited by Rabbi; 19-04-2011 at 07:32 PM.
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27-05-2011, 12:21 PM
#259
Wow. MC now 60 million.
Would any of you FA guys care to put a value on BUL for me?
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27-05-2011, 12:27 PM
#260
Hey Strat, there you are, where you been mate, been a while since we seen some of the Strat posts anywhere.
Welcome back and hope your keeping well.
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