Small spec on hugo demise?
Our vol has been getting larger but still really not much larger seeing how all the Canadians are now forced to trade on the OTC.
So is the five cent move small spec ---or--- larger entities throwing 1 or 2 % of their holdings back and forth to inflate the PPS during the Chinese/Hugo news/spec on financing?
Most longs are cost avg above .15 and how much retail was buying below .10? Imo those here a long time expect north of .15 and would not sell here and what they bought below .10 did not bring their costs down to .15
So who is selling, Greywolf? at his rate they would have their December basis cost back in 30 days.
How long to the frickin frackin financing announcement?