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Bullboard - Stock Discussion Forum Artek Exploration Ltd ARKXF

GREY:ARKXF - Post Discussion

Artek Exploration Ltd > short positions over 10% again
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Post by teevee on Nov 04, 2014 9:32am

short positions over 10% again

shorts positions are over 10% of share cap again and rising as price goes up. I believe this is entirely due to high d/cf ratio which is death for any company......Also, I don't see any new spuds.  Growing short positons smells of a cheap financing coming. RTK has spent the last financing and shows a decrease in production. Can't help but think the lenders on the LOC won't be impressed. 

https://www.stockwatch.com/Analytics/Shorts.aspx?action=go&symbol=RTK&region=C
Comment by PorkChop22 on Nov 05, 2014 3:10pm
This post has been removed in accordance with Community Policy
Comment by shambano1 on Nov 06, 2014 7:27am
not sure what you are smking but it seems like it's pretty strong stuff and affecting your math skills, brains don't work when your high. artec's debt to cashflow quite reasonable at this point. the shorts will get smoked on this stock, plain and simple and it seems they are starting with scare tactics, they are running scared. they have lots of good real estate, they have the ...more  
Comment by teevee on Nov 06, 2014 9:43am
LOL.....poor 3rd quarter results are baked in as "pipeline bottle neck" remediation has been going on for over 6 months. If problems were solved it would be material and we would have heard about it. Get ready for a smack down again. Also, somehow RTK has to add over 2000 b/d to get to their exit rate for year end. Good luck with that.......
Comment by PorkChop22 on Nov 06, 2014 4:16pm
This post has been removed in accordance with Community Policy
Comment by SigmaKappa on Nov 06, 2014 6:30pm
Abornally high volume for such a long time, either shorts covering or a take over from Kelt.
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