Post by
MLEWICKIMBA on Jan 15, 2025 5:52pm
Going to 5
Get through next week.
Opec has little incentive to produce more
US Drillers the same
Canada could be curtailing
May is coming
ML
Comment by
Frank007 on Jan 15, 2025 7:10pm
At least $5 ....I bought sh load under $3.88......allready picked up ..we'll have not sold today any but I,m up $3:000 just from bte ...not sure why the rest of the bloggers are sitting on their hands ..?
Comment by
MLEWICKIMBA on Jan 15, 2025 9:17pm
Yes at least 5. This year their debt will be lower on their Line of Credit and 60m shares will be redeemed. The fact that they are a North American producer is not reflected in their share price
Comment by
ManitobaCanuck on Jan 15, 2025 9:36pm
Did you see the short position on 31st Dec and the price action since . 51mil shares were short as of 31st December
Comment by
AvInvestor on Jan 15, 2025 10:55pm
Relatively high, but it was even higher on Oct 31st (~58 mil shares).
Comment by
Frank007 on Jan 15, 2025 11:20pm
The crooked hedge fund and cibc ...annonymous....put on those shorts for tax loss selling ...now go to the options chain and you will see the hedges against those shorts call option galore ...so buy the stock now for a wonderfull short squeeze coming to a theatre near you ...lol
Comment by
1234bmth on Jan 16, 2025 7:27am
Shorting stocks doesn't help for the tax loss, in order to benefit from tax loss you should won the stock and sell it at a price lower than your purchase price, shorting is just the opposite of buying and keeping for future profit.