RE:RE:see the shorters PapaFritz wrote: as of May 15, (4 trading days) there was about 88K short - that explains some of the selling pressure on this light-ish volume.
This stock always pulls back before good news and a mini-run up, 10 days ago (may 7) when it touched $9, I believe was based on the assumption Sala results were coming -
Then on May 14 after the update, some exited knowing they can come back in 1st/2nd week of
June. the stock has dropped every day since May 14 - This is all just my meager, humble opinion but once results are in and testing is complete we have a new basin/field to work with and the stock should blow past $10. again.
cheers & glta
soupee; just one of my old aoi pumps from last month, just so we're clear.
Obviously at the risks involved I cannot actually confirm a source for sala.
However the rumours are abundant.