Post by
Proselenes on Mar 05, 2021 8:00pm
Shorts are about..........
Some London stocks updated short positions............can be seen TXP has a sudden jump in the level of shorts. By the same margin the price is dragged down while shorters sell stock they dont own, the price will in due course be dragged back up when they have to close those positions.
Euroclear's latest Stock on Loan(short) Report published 5th March 2021:
0.00% - Jadestone Energy / No Change
0.00% - PetroTal / (down from 0.22%)
0.45% - Pantheon Resources / (Down from 0.50%)
0.55% - Savannah Energy / (down from 0.65%)
1.23% - Touchstone Exp / (up from 0.52%)
3.79% - Shell / (up from 2.38%)
3.60% - Enquest / (up from 3.06%)
3.89% - BP / (up from 3.76%)
6.43% - Cairn / (up from 5.76%)
Comment by
Proselenes on Mar 05, 2021 11:03pm
Shorts also increased in Canada. Plus 47K - short position now 733K shares on Toronto. $TXP.TO TOUCHSTONE EXPLORATION INC. 733,079 47,798 5 Mar 2021
Comment by
Davidblackgreen on Mar 06, 2021 12:33pm
Ouch Pro "discovered" that TXP have likely found a new oil field at Chinook. At $65 Brent with a hearty premium for 35api sweets of around $8 those shorts could get expensive very quickly! Nice. many thanks to Wildcat who always brings luck and entertainment
Comment by
Kadiddelhopper on Mar 06, 2021 11:26am
a note of appreciation Proselenes on the Euro Short status. ..have both Touchstone and PetroTal, and always on the lookout for how the action is over in Europe. ..Hope you will make this a regular posting if able to do so. Thanks