RE:Wow short trades on BNESadieLadyCO wrote: are increasing. So all BNE stock has to do is get back up above $8.00 and the shortcoviring will push bne to above $9.00 in a very very short time.
Nah. Heard it a million times in markets "shorts gonna get crushed". Rarely happens.
The November 15 short position is out and it's the highest short position for BNE since July 2020.
Oil is in freefall and of course equities are running with it. The time is getting good to write new options. Just not for you. Peasant shareholders can wait longer for your rewards here but I think the reward appears to be losing your shirt. Lol