Greetings to all...
Well, trading was quite subdued today despite the much heralded "Excursion of The Blessed"' ...
The sequel/follow-up, "Return of the Blessed" hasn't appeared to have made much of an impression on stock activity either...
However, we did drop 25 cents on approx 21K shares.. I imagine we could attribute some of this to a correction to certain small over-extended margin accounts...But the "Sweeper Affect" really hasn't had any impact to either stock price or trading volume...
But, once again, we did drop 25 cents on small volume...Mostly small sells...
So, if the "excursion" was to have been made for the benefit of the company and if, as we have been told, drilling is now occurring on TG-7, then today's stock price activity/drop is, IMO, definitely NOT in congruence with what some would like us to believe...
TG-7, IMO, belongs to the TG-1/TG-3 cluster...So, any loose tongues rambling on about any TG-7 prelims would have resulted in Fridays's activity continued on throughout today...
Not so...
Ergo...Something else happened...Can't put my finger on it, but certain key players,IMO, are aware of it but I don't expect it to cause any long-term problems...You'll know things are back to normal when you see average 1K trades on even-keel or slow up-trend trading...
And, for them that "sive a ghit", Guzman and Elvis are both alive and well...;-)
Regards....Ray |
