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PMHH (oil &rigs) 2mth High on 3x Vol!
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[QUOTE]Originally posted by The Owl: [QB] Market makers want stock! Closed spread and raised the offer - highest in 2.5 months. 29/34c Unfortunately some people fell for the tree shake earlier. This is not a time to be selling - believe me! (or if you don't, believe the institutions buying recently). There is already news - just a question of whether they choose to release this week or wait till early next. ps this is not a Pump & dump stock - it is an established company with good management who have proved themselves over good & bad years, and who also have great connections. Once it starts to trend, it should keep going as the order book is full but rising due to a) demand b) complete lack of supply of rig engineers, equipment etc c) Plenty of cash with the oil majors (& governments) I haven't bought today, but may do into the close. [/QB][/QUOTE]
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