Post by
TonyDj on Sep 29, 2016 9:27am
Shorts must be desperate. Lots of news saying this can't be.
Big Hedge funds are on the wrong side and are spooked. A lot of news articles trying to talk down the opec deal saying they are skeptical. It doesn't matter. The Saudi's have timed this perfectly. Sentiment is changing to the upside. Easy short I guess not so easy and will put a floor on prices till November. The short positions will definitely come down. So called experts good at losing money.
Comment by
JethroBodine123 on Sep 29, 2016 10:49am
I completely agree, a lot of the big boys got caught off guard with the announcement yesterday and are trying to cover of buy in. NBZ has a lot of room to move higher, what happens is that some of the bigger names are looked at and bought up first, then investors look for other companies. NBZ should be trending up very shortly. Lots of upside in this one to come. Jethro