In n out faster than a pornstars todger....buy1.3 sell .8
Trouble is some bought 1.6, 1.7?
So theres probably (was) an avalanche of stop losses from 1.2 all the way down...
Just get the bots to tip enough dominoes to get it in the zone....and a self fulfilling tsunami of selling ensues. ..then wait and the bottom..and fill er up.
Might have absolutely nothing to do with drilling. ...stop losses are visible to the big boys.
An announcement is required.
Feel quite sorry for js..the few who buy at any price following a tip and ignore all the risks then savage him for not having prior knowledge of what was 450m below the surface...he just brings the stock to your attention..he doesn't make you buy.
Its a binary bet, sh1t or bust, everything to lose.
If you cant handle it , go buy utilities.