I have to say this is what management gets when they are not more clear on what they are doing and can't disclose anything about offers...
We'll wake up mang. You still have time for the next earnings call.... market will not be happy with blah blah blah. You need to give a definitive answer about asset, sales.
anyways this is obvious that the shorts are controlling it and there's not enough conviction in the buyers to drive it up and have a short squeeze. So here we are...
all I know is it's the same every time when the pain is for so long and so bad there is a bounce who's to say when it comes no idea but it definitely comes.
Especially when the sell off has been so great in a short period of time for no particular reason other than interest rates, staying high for a little longer. ( even that is debateable )
and the shorts playing on the negative sentiment that the Talking Heads can't seem to shut up about on TV.
Hardly any analysts were recommending oil in 2020 when it was negative.... just remember that...
goodluck !!