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Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. The... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > Shorts manipulating the stock
View:
Post by Grandcentral on Feb 17, 2021 7:48pm

Shorts manipulating the stock

I am seeing 25 million shares short on shortdata.ca as of Feb 15.
I hope Kelt has a surprise Feb 25th - that's a month worth of daily trades that are offside, and holding the stock down. Silly in a bull market.
We have huge whiplash potential - when we breakout, it will be big!!!
Where will we be when Kelt isn't being held back by these goons. The only reason shorts are on this company is to manipulate the price down for cheaper purchasing, and take advantage of technical traders / last year's one-off performance. All future indicators look stellar. The shift will come when Kelt starts trading for tomorrow and not yesterday. Bring on the good news!!!
Comment by alta0264 on Feb 17, 2021 11:12pm
short position has more than doubled in last 2 weeks?
Comment by testomax on Feb 18, 2021 9:55am
Not so sure about doubling...where do you see those numbers?
Comment by Grandcentral on Feb 18, 2021 10:02am
Shortdata.ca Does someone else have another source they want to share for comparison. Thanks
Comment by OGGambler on Feb 18, 2021 12:15pm
The only source I use is IIROC, report comes out a few days after mid/end of the month (so maybe tomorrow or Monday). Of note, the founder of interactive brokers was on CNBC yesterday explaining the GME fiasco and one of the things he said was that the reporting should be daily.
Comment by testomax on Feb 18, 2021 12:38pm
might be wrong...on Jan 31 the shorts were 11.8 million...only 12 trading days since that and if you look at total volume...its highly improbable....possible though...wonder if they can short from the us or Frankfurt side?
Comment by Grandcentral on Feb 18, 2021 1:18pm
correction... The chart at shortdata.ca is misleading, and upon further review, looks like 3 million shorts were added. Will be nice to get some clarity on the shorts. Lots of anonymous trades going though, and I always find that odd.
Comment by testomax on Feb 18, 2021 3:20pm
Should have the numbers for Feb 15th any day...will post them
Comment by Grandcentral on Feb 18, 2021 3:31pm
Thanks testomax. I usually use my trading account, but they haven't been updated there either. Shortdata.ca looks to list the number of trades short, volume traded (regular and short), but doesn't appear to show accumulated shorts from previous time periods with shorts that were closed.
Comment by integrity11 on Feb 18, 2021 12:18am
Very true statements about the shorters. They are doing the same with Tou, Bir and Crew. They have not been as successful with these 3 until today when they brought Tou and Bir down. Tou and Crew recovered late in the day from the short trades, but like Kel they were able to stall Bir for the full trading game. I would love to see these guys lose their shorts. This cold spell may have a long term ...more