Post by kavern23on May 21, 2025 9:09pm
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Post# 36582037
Prices..
Prices..With Obe peer group like headwater down 10 cents, surge down 5 and Cardinal down 2 cents...Obe was actually strong for most part of the day. Consistent buyer from bmo brokerage that has bought Obe 40-50k a day for last few days. Obe hit 6.70 for short while with help of bmo buying.
No update of kern on Canadian insider lately but this doesn't mean it isn't kern man...he was awhile before he has to file paperwork.
still feels short continued through cibc adding to short position.
and anonoymous had a lot on buy and sell side so possible both buyback did some today and short on sell side through anono.
does anyone know what the theoroclical maximum allowed by the brokers is in Obe?
has to be a limit to risk these banks want to take on if short position ever got over 10 percent of shares outstanding.
IMO it has to be at 7m shares short limit or less..10 percent I am guessing of shares oustandimg.
possible we see that hit by June 1...these shorts continue same amount each day.
interesting face off interesting..basically going to be kern and internal share back program and a few retail investors like me vs short selling crew.
the more I see people shorting the buy I will keep buying at price points I want.
face off is coming and I am ready to fight