Bahamas Petroleum Share Discussion Threads

[bones] 23/8/2019 10:39

Unfortunately Level 2 only shows the MM’s limits for guaranteeing the price on show (the normal market size or NMS) which is 200,000 for BPC, whereas the real book of what’s on sale is for those organisations with access to the RSP data, the MM’s own book which Level 2 doesn’t provide.

[computercoders] 23/8/2019 10:33

Another 200k buy printed. Relentless buying today

[computercoders] 23/8/2019 10:32

On L2 how much stock is showing at 2.1p and how much on the next leg up?

[whoppy] 23/8/2019 10:30

5 million buys approaching, multiple of the 2.5m, is it the last bit left.

[whoppy] 23/8/2019 10:28

Let us know when they're off the ask or move it up.

[computercoders] 23/8/2019 10:28

200k printed loads of buying pressure. Can MMs hold down for mates rates?

[computercoders] 23/8/2019 10:27

Bobes once cleared what happens?

[bones] 23/8/2019 10:23

As I say, there must be a very big sell order out there. As 2.5M was printed yesterday, there must be an even bigger one to come by day’s end. Given the volumes this morning, it could be that the order is filled before then in which case expect to see Cantors come off the ask. It is my speculation only but that is my reading of the runes on level 2.

Maybe this seller is trading out of a big punt in the low 1p area? A bird in the hand and all that?

[martyn9] 23/8/2019 10:21

Unless and i doubt it ,there must be a very large sell order in place to keep this nailed back!!

[computercoders] 23/8/2019 10:15

Thanks Bones so you reckon anpthrr 1 million of buys.but today we've had about 3 million buys vs 500k sells

[computercoders] 23/8/2019 10:11

When this moves it will take us all by surprise and happen so fast!

[bones] 23/8/2019 10:11

Computer coders, see my post 30591 above for my thoughts on a seller.

[computercoders] 23/8/2019 10:11

Looks like 85% buys today only 15% sells. But I know these can be delayed and hidden

[whoppy] 23/8/2019 10:10

Mr 500k in town.

[computercoders] 23/8/2019 10:07

Thanks Whoppy

[computercoders] 23/8/2019 10:06

Another 500k printed. How are they holding it back? Do you think there's a worked sell in the background? Once cleared this should fly right?

[computercoders] 23/8/2019 10:05

I've got a bit kept back spare in case it does dip but I don't think we'll see any lower than this price again and I don't even think we'll see this price again after today (or next week)

[whoppy] 23/8/2019 10:02

2.6p resistance, then 4p. But seems like pressure building to sweep aside 2.6p.

[linton78] 23/8/2019 10:01

This will fly like a Jofra Archer bouncer

[computercoders] 23/8/2019 10:00

Can anyone remind me of the resistant points. I seem to remember a gap to be filled?

[dipla] 23/8/2019 09:57

here we go

[whoppy] 23/8/2019 09:55

200k and 375k buys flown in.

[whoppy] 23/8/2019 09:54

Should break 2.5p, onto 4p next couple of weeks.

[whoppy] 23/8/2019 09:53

500k buy just in so can't be much left.