Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).

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Reconnaissance Energy (Africa) Ltd > I put imit sell at $ 150 / Shorts unable to borrow my stock

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Comment by teheran10on Jan 31, 2021 11:58am

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Post# 32431447

RE:RE:I put imit sell at $ 150 / Shorts unable to borrow my stock

Alim33 wrote:

Hiddensecrets wrote: Longs should put LIMIT sell orders at a much higher price.

This will take the shares away from the shorts and will force them to cover.

MPO

I have been trading for 40 years and I don't understand this logic. If I don't sell my shares, isn't that the same thing as what you suggested? Please enlight me.

HE SAYS PUT YOUR SELL ORDER AT $150 SO NO SHORTER CAN BORROW YOUR SHARES AS THEY ARE ALREADY ON SALE AND NOT FREE FLOATING.

LET US GO TO $7 AT LEAST BY FRIDAY.

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