I'm holding fut and Pym for the quinella.....My guess is that FUT sellers today came from T+3 traders sentiment... Buying only to sell on the announcement for good % increment gains and since there have been a few technical delays the buyers are being forced to drop for T+3 commitments... Might see them back tomorrow or thursday. No doubt the announcement will come and no doubt with the potential upside of a positive announcement the traders will want in before the ann is released...I do wonder though that if the results meet expectations we might see a TH which may force T+3 traders into a forced holding position...I think it will be a wild wild ride when the ann comes out. Am looking forward to a TH...
Bring on the good oil....A $1.00 share would mean a bigger bag for santa this year.
FUT Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held