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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Bullboard Posts
Comment by JohnDDon Dec 21, 2011 6:03pm
346 Views
Post# 19343476

RE: Short Interest

RE: Short InterestThanks for posting Rimcheese.

I really don't get it. I was assuming that the short #'s would decline "for sure", not go up by a over a million and a half. Someone posted a while ago that if you look at both the Cdn and US short postions over the last few months -  the numbers remain relatively flat. If that poster is able to post both sets of numbers that would be appreciated.

Given the improving fundamentals of the company - and although I am no technical analysis  - the chart looks like it is on nice upward trend. Why would the short postion continue to increase?  

It would sure be nice to understand the justification /strategy for why they are doing it. The only theory that works for me is that a firm is serioulsly interested in making an offer for PBN and shorting the company could help reduce the price that shareholders would be willing to accept? I am open to any other strategies or theories...

John

P.s Rimcheese, where do you get your short data?
Bullboard Posts