RE:RE:ShortsWow, 30% of yesterday's volume in one block trade at the closing bell for $15.11.
They hid that well with all the smaller trades afterwards, but there must be a reason for that kind of last minute volume.
I'm not sure when we get results from the Arantes well, but if it is successful and becomes a discovery well, then whomever is still short, will get burned.so they better start covering now. Maybe that's what that block trade was, I'm not sure.
So far, they haven't updated Short Interest for Nov. 15. Last time it was up a bit to 3.4 million as of Oct. 31.
Can't wait for the company to give us an update on the Big "E" well. Fingers crossed they will hit and that shorts get hit as well, lol.