EXS 0.00% 26.0¢ exco resources limited

Some of the Pro's who have positions in Exco, off loaded some...

  1. 16,642 Posts.
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    Some of the Pro's who have positions in Exco, off loaded some shares during the high prices over the last few days.

    They are now wanting to buy them back, at a lower prices.

    You could see the push down today right from todays open.

    Not much supply on offer though.

    Exco's SP must be almost ready to push up strongly again, as the Pro's even spent some shares to go Stop Hunting around lunchtime.

    They didnt get as many as I thought they would though.

    I see this as a great sign that almost all of the free float is being held at least up to the CCP announcement.

    Will be interesting to see weather they have another go again, later today.

    Have a look at the 10 min chart below, showing the todays Trading to see the push down.


    Stop Hunting

    cheers

 
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