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It felt like Obe was doing abit of share buyback today and kern was buying...and then 2 mins before close shorter took it from 6.70 to 6.65.... so normal participations of long side versus shorter s...neither side has given up yet. cibc was the problem again, net sold most by a ton. Only like 2 brokers surpressinf this hard. As long as heavy oil continues to be over 50...shorts will loss this battle..going to run out of money eventually.
I wouldn't under estimate Obe management team they will be aggressive with buyback
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