anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

I like rolls.

I like Rollos.

Lets call them Rollos from now on.

ok. i second that motion.

mixitup12 on the other channel says

"I think the B deals are conversions to a spreadbet. 6,600,000 is about 1 million quid. If the price goes up, that will be a nice little tax-free earner. Must be confident of an upward movement from here.2

Fair explanation,and the price went up so mixi could be right.

A 250k very delayed trade.

Someone is not keeping up again. I wonder who?

These big trades sure arent sells. then a straight 2 mill buy.. up goes the price. I like the idea of the roll-over into a spread bet...
anyhow here is the 6 month chart. We seem to ahve an inverted head and shoulders and strong upside momentum. Resistance is around about 18p at the moment.




The RSI shows that another 20-30 RSI points upside are quite probable. The RSI and MacD at the moment, almost mirror their positions early January time, when the stock had fallen to 14's and the result was 17.75 high point.
MAybe we can get there this time around, I dont know of course
H.

The high trades are out of the norm for this time of day.

If something is afoot, I would like to be put out of my er........... well not really misery, I would just like a strong clue.

On the other hand, I'm just bored.

LOL, me too.

SWW, check out THE TALK TO YOURSELF THREAD. right up your alley...

SW, bored with what... life in general?

Just bored with today....................

I'l have a look at that thread.

Another tick up, 16.25 bid now.

beat me to it! and i don't care!

Lol! I have a lie in and wake up to movement and a load of posts! Lovely late start to my day! And I got my copy of the 04 accounts through the post this morning.

And again...

punters buying at 16.75 with Kleinworts on their own on the offer...

by the way, whats a lie in...i have 3 young children???!!!!!

We have more volume than Shell today.............

prop seems to have more volume in the mornings and evenings than I have.

Just wait 10 years or so and you wont be able to get them out of bed.

so true...then it will be my PLEASURE to wake THEM up my saying...."Daddy, I want to watch cartooooooonnnnns, pleeeeeeeeeaaaassse." ...at 6.17am on a Sunday.

All parents on this thread know EXACTLY what I am talking about!

Ah the joys of parenthood! Fortunately, I can have a lie in whenever I want. :-) Thats what happens when you don't have kids!

Has anyone noticed that Evo have been on the bid throughout this recent rise? Also, someone mentioned spreadbets earlier, today is the day when the June contract expires. Not sure if it has any relevance to todays large trades though.