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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Sep 29, 2016 12:43pm
109 Views
Post# 25291189

DWTI down almost 10% today.15% Yesterday.Feel the Burn.

DWTI down almost 10% today.15% Yesterday.Feel the Burn.25% down in less than 2 trading sessions. Short interest panic in full force and we still have tomorrow. A lot of margin calls will be coming probably Monday putting more pressure on Hedge funds to put up more cash or close out more positions. The momentum has turned big time and it is feeding on itself. Buyers will come in and finish them for a second blow. I think a lot of Hedge funds will think twice about reinitiating short positions on OIL after this one.
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