MarkZ
[via PDK] We have been told years ago that the most likely time- or easiest time for them to execute this was Saturday night or Sunday night between 11 pm and 3 AM est…. It does not have to be then…but I was told that was the easiest time for them technically.
Question: Has anyone verified the rate of $2.40 from the bank story from last night? MarkZ: Not yet…but a number of bankers are telling me that is exactly the rate they are seeing on screens right now. From $2.38 to $2.40V ery quiet out of Iraq...and quiet on
the banking side.
the banking side.
Question: Is this weekend a possibility? MarkZ: It is definitely a possibility.
Question: Do you think it is still possible that things go this month? MarkZ: I think it’s possible. I am hopeful we will at least get announcements this month …even if we have not yet made it into the banks.