Re: EVE - Energy Ventures
Ok let me explain what i think happened
The last few days: big 300k, 500k buyers, and pussy sellers as usual
And they were all dumping to the bid
Those were big boys accumulating; which is good for long-term prospects as it flushes out the weak hands
The last few days the spread was always large. Those buyers that i mentioned wouldnt move; but some other punters seeing those big buys, jumped the queue and just paid the ask.
Today its just the case of some nervous hands selling
Im prepared to sit on this one for a while; they are already working on a resource estimate
I dont usually pay much attention to day2day fluctutations; but IMO this will spike to 25-30c before the end of the year when the JORC estimate is out
Also watch out for some corporate play btw EVE and OMC; takeover, merger i dunno but sumthing is likely to happen.
Alfredbra said:any ones opinon on eve atm? alot of sellers and hardly any buyers? not looking good for sp
Ok let me explain what i think happened
The last few days: big 300k, 500k buyers, and pussy sellers as usual
And they were all dumping to the bid
Those were big boys accumulating; which is good for long-term prospects as it flushes out the weak hands
The last few days the spread was always large. Those buyers that i mentioned wouldnt move; but some other punters seeing those big buys, jumped the queue and just paid the ask.
Today its just the case of some nervous hands selling
Im prepared to sit on this one for a while; they are already working on a resource estimate
I dont usually pay much attention to day2day fluctutations; but IMO this will spike to 25-30c before the end of the year when the JORC estimate is out
Also watch out for some corporate play btw EVE and OMC; takeover, merger i dunno but sumthing is likely to happen.