OTCPK:MAUXF - Post by User
Post by
jmcoilon Jul 09, 2013 12:25pm
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Post# 21596542
Shorts
ShortsAnyone have access to a report on shares short.
The way this has traded especially with a big up day the one day the US markets were closed makes me think some idiot is aggressively shorting. If so they have done a masterful job of keeping the price in check with downward pressure.
Not sure how much longer that will work. Price of oi, tripling of production, ongoing dividend and sooner or later new fields makes that very risky. Likely will wind them up soon or risk getting burnt badly.Just speculation on my part as to the shorting but seems likely.