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Bullboard - Stock Discussion Forum Advantage Energy Ltd T.AAV

Alternate Symbol(s):  AAVVF | T.AAV.DB

Advantage Energy Ltd. is a Canada-based energy producer. The Company is focused on development and delineation of its world class Montney natural gas and liquids resource at Glacier, Wembley/Pipestone, Valhalla and Progress, Alberta. Its Montney assets are located from approximately four to 80 kilometers (km)northwest of the city of Grande Prairie, Alberta. The Company land holdings consist of... see more

TSX:AAV - Post Discussion

Advantage Energy Ltd > Natural gas prices above 3
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Comment by Wildcattter on Feb 02, 2021 10:11am
This post has been removed in accordance with Community Policy
Comment by Golddetector on Feb 02, 2021 1:14pm
Just for correction these are March contracts that had the jumb and it is not due the rollover that typically happens 21 or 22 of the month. Anyway the cold weather is going to push this further. Short squeeze did not happen yet so still waiting patiently for the big moves. We are still at the bottom. We did not even reach sp 3$.
Comment by Wildcattter on Feb 02, 2021 2:44pm
This post has been removed in accordance with Community Policy
Comment by not4anymore on Feb 02, 2021 3:01pm
It is almost impossible to determine exact short positions. At a minimum there were more that 12 million shares short on Jan 15th. That is enough to get a few shorts nervous.
Comment by Golddetector on Feb 02, 2021 3:20pm
That is correct 12 millions out 180 millions. Average volume about 1+ million a day. No large volumes are recorded so far after Jan 15th. So no significant covering is expected. Most of these shares are shorted at these levels as sp was around 2 for a while now. How the hell the 12 millions are going to covered? Anyway time will tell. As for the takeover to be honest if I have the power I would ...more  
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