Obsidian Energy Ltd T.OBE

TSX Short Interest

[Tim14235]

Up 800k. There is our offer shorts. I think in US it is illegal to short into a pipe. But legal in Canada. They cover with the deal. Or maybe they will cover ATM

[pennydredful]

will  decline  once   .R  converts   so  then  true   short  position  will  be known.

[Tim14235]

and if .r does not convert? I wonder what would happen then. Not like this name got rewarded for this great proposed deal

[kavern23]

We may not have got rewarded for the deal...but we are like most stocks today.... Most energy stocks are treading back to the range they traded when WTI was abit over 75 ish in late September. Obe was like 4.40-4.50 in late sept with this oil price and we are here again. Which isn't a bad thing as WTI should spring back up and OBE should spring with it..

[JohnJBond]

The PROP acquisition is good for OBE  The share price volatility was caused by the private placement of the receipts  There will be an incentive to close these shorts if the price gets to 4:40 Given that China has been rationing deisel to truck drivers it seems they have a major shortage and they will buy all they can get.    Any sell off in oil is likely to generate