RE:SGY short position continues to increase Just added more...not quite sure SGY deserves such a beating and such interest in terms of short selling...clearly still is one of the best oil firms with the lowest risk of financial trouble in the patch. They need to get a new CFO fast. It does lead to quite a bit of speculation when the CFO resigns unexpectedly.
Buy, hold and open up to a positive surprise in two years. Timing is impossible in this market...the CEO bought quite a bit on the open market at much higher prices just three months ago...just shows how unpredictable these things are.
GLTA!