Veren Inc T.VRN

shorts are caught

[Bpultra]

good to see

[UnderTheRadar]

This post has been removed in accordance with Community Policy

[Moemoney42]

Yup I'd say there's a bit of scrambling this AM.. LOL.. ;-)

[Moemoney42]

Hope you managed to strip some profits off RECO and redistribute them to CPG there BP..?

[Moemoney42]

My recent data from the NYSE shows the shorts down 10% ... ;-) Short Interest (Shares Short) 10,810,000 Short Interest Ratio (Days To Cover) 3.3 Short Percent of Float 2.04 % Short % Increase / Decrease -10 % Short Interest (Shares Short) - Prior

[Bpultra]

============= just going the other way this AM 

[Bpultra]

================ will see... its a risky play..

[Bpultra]

2021/09/15   there was 21.3 mill shares short.... there is no way they got all covered ... so they are feeling some pain right now...

[Bpultra]

====================== so I dumped a bunch of CPG at 5.89 and bought some  reco at 6.32 ... so far  I am down less... if I had kept it all in CPG... I did buy back some CPG at 5,72 .. will see if CPG drops any further would be willing to sell Reco at a loss to jump back on CPG ..  if that dang reco would move up like I was hoping this swing trade would have worked perfect ... will

[Bpultra]

================= added a block of reco at 6.18   sold them at 6.37 and added more CPG  .. so BP got a bit lucky!!!  wasn't looking so good this mornning ..  CPG holding up nicely  comapred to oil and market .. but wcp and meg both green ? 

[Bpultra]

================= wow so that finally worked ...a bit stressful .. and had to wait longer that I thought ... I also added 2000 reco at 4.46 and just sold them at 7.70 ..  also peeled off more reco at 7.84  .. so will see if I put anymore money back in this painful stock or not ...   or I add more reco ...  there is still 9.6 mil short here .. will see if they try break $6

[schoolinmoe42]

This post has been removed in accordance with Community Policy