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®ion=C
Comment by
PorkChop22 on Nov 05, 2014 3:10pm
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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
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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.