Post by
windymayor1 on Jul 16, 2024 7:57pm
BMO Nesbitt selling persists
Sold another 165k today.
Largest seller for the past 2.5 months so someone wants out.
Sold 1.82 mm in July, 4.4 mm in June/July, 6 mm in May/June July.
Only the 2 large institutions own this much stock??
Shorts have also increased latest report June 30 shows 1.399 mm shares short. An increase of 561k over previous month.
Just interesting stats to add to the discussion.
A resolution of the Wasanna issue could force a nice bump up and short cover.
Fingers crossed.
Comment by
Eoj123 on Jul 16, 2024 8:46pm
Could be a seasonality thing as Baytex, Athabasca, Meg, and even Freehold Royalties all have seen their shorts increase on this last report and they have been doing well.