Post by
Maxmoe on Jan 28, 2022 12:27pm
Okay, he’s out. Who bought all that stock?
So he sold 50 million shares and shorts sold another 35 million in the last month. Who TF has bought 85 million shares? It's not an "institution" like ninepoint or we'd see it. Smells like a bid coming to me. Eric will regret this one just like when he sold baytex last year at half, or less than, the price he bought it back at.
Comment by
BullMan123 on Jan 28, 2022 12:41pm
Well, that expalins all the selling pressure we've been seeing for the last few weeks and why the stock felt "capped" despite how the rest of the sector and oil were doing. The "follow Eric" crowd is now exiting and when done the selling pressure should abate. Who bought 50 million shares is a very good question.
Comment by
2021Gamble on Jan 28, 2022 1:17pm
The pessimist in me says all that happened was that naked undeclared shorts were covered by some unscrupulous knowing N. Would be selling and they'd be able to cover their shorts without any problem at all,
Comment by
Mindset on Jan 28, 2022 1:25pm
You're sounding pretty desperate these days.
Comment by
khyber2 on Jan 28, 2022 1:38pm
Well, thats just great, Eric comes on BNN, ath goes up to $1.32, opens his mouth, says he sold, and down she goes. THANK YOU , ERIC. Never again. I remember when he said BUY BUY at $1.79, and then it tanked JEES.