We have not seen these volumes since the last time BMK ran that isthe most telling sign somerthing is coming. What is coming is the big question?
It could be that they have some results coming though I think we are still 2 weeks from that news.
It could be that we wil get an update on the progress of the drills.
We have seen many of the area plays get hammered the last month due to over selling, the mortgage issue and the end of year tax losses. BMK is a great price, lots of volume, lots of spec, and the ace in the hole is we can ride of NOT. Put all of this together and you have BMK on a bit of a run. This will happen many more times before this stock settles just as NOT did in the begining.
Stay long or ride the waves it's up to you but in my opinion all of these area plays (SPQ NOT TME BMK FNC UC) all will have there day in the spotlight.
Long and strong.
LS