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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > Short Squeeze
View:
Post by MyHoneyPot on May 21, 2021 8:36pm

Short Squeeze

It could be nobody can believe the share price, they have been shorting the stock, it is the 3rd friday of the month and they had to cover. Pushed the stock up to undeserved levels.

IMHO
Comment by Indicator on May 21, 2021 10:10pm
I didn't see the trade, the share quantity or the houses involved but if it was someone covering a short at market for a reported 2 million shares at this stage of the oil recovery game, I want to get to know this "investor" as I have a nice property under a bridge to sell him/her!
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