RE:RE:RE:RE:RE:Final shortThank you for brightening my day! Despite it being quite profitable on the investing front, I am having to deal with a number of other issues that have me feeling a little cranky. So I will (happily) close my Stockhouse browser for the rest of the day. Best of luck trading and have a great weekend!
Bpultra wrote: Take.... you need to be quiet and let the shorter be ... why explain that to him.. if he is a professional he knows this but if he is a retail .. quit spilling the beans... the market is the market and we need shorters to panic and start to chase the spread to cover while we sell in to it... geez.. why may it tougher than it is..LOL I need and I want the banksters and shorters money and I got someones today already on a nice spread ... and we are only half done.. so much fun..
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Takeactionnow wrote: Shorting oil shares today is probably the riskiest proposition. Most of the downside on oil price has happened. The expectation is that economies are going to commence restarting gradually, meaning that oil demand will start to creep up while supply is being reduced (by production cuts and reduced exploration and drilling). Oil companies should bounce back from current levels nicely as a result. The only way that a company like CPG.TO goes to zero is a prolonged low oil price (i.e. well past 2020). That seems unlikely, although we should expect volatility.
Sask78 wrote: Thank your for allowing me to short your shares. Please keep buying more so I can keep shorting them