RE:RE:RE:The big Short!OCB1234 wrote: He knows damn well his short position is in serious trouble. The reason VIT stays in a nice tight low .70s trading range, regardless of what the POG does, is the market is starting to believe Eagle might actually get financed. Once the $220 mil Debt Facility gets 100% participation & the $40 mil remaining gap gets collateralized, the stock price will spike to $1+.
OCB1234 - the short positions for VIT are pretty much non exisistent (see report below). Please ignore the noise and focus on fundamentals. Eagle will get financed, there is no doubt about that. Besides financing Eagle VIT is going to have a great drilling season, which is the most exciting part. The drills are turning, there are some interesting targets for this drilling campaign....
V : VIT | 2017-04-15 | 122,008 | 32,603 | 504,808,163 | 0.02 |
V : VIT | 2017-03-31 | 89,405 | 69,261 | 504,301,913 | 0.02 |
V : VIT | 2017-03-15 | 20,144 | 15,044 | 504,301,913 | 0.00 |
V : VIT | 2017-02-28 | 5,100 | -300 | 504,301,913 | 0.00 |
V : VIT | 2017-02-15 | 5,400 | 2,141 | 504,301,913 | 0.00 |
V : VIT | 2017-01-31 | 3,259 | -44,341 | 504,301,913 | 0.00 |
V : VIT | 2017-01-15 | 47,600 | -290,900 | 502,974,913 | 0.01 |