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PAN ANDEAN RESOURCES......Discussion thread

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Boischastel - Thu, 28 Dec 06 :

Some old 'City' trader once told me that if you get the 'big' figure correct, you will make money.
In this case it may be to take out the MM seller at 14.5, then see what happens next.
Conceivably, the price becomes 14 bid and maybe the offer at 15, but again not much on the offer.
This scenario does well for 'us', as well as the 'big guns', but also forces the issue for the MMs (particularly if they are short) and also makes JT/TOG positions more highly geared - equally giving both an exit............. conundrums, but ONE of the two wants to WIN.
DYOR.


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