Pieridae Energy Ltd T.PEA

Hmmm

[Maxmoe]

Is it odd, or does “the street” know better? For a volatile small cap with its share of issues, there is practically zero short interest. Compare to any other energy name of similar size, and it stands outside the lines.

[commonsense9]

I have been told it is not easy to short a stock that is thinly traded in shorts. But its not something I would do, so I have no idea if that is true.

[Maxmoe]

That is true, so maybe. I don't own any other small cap energy stocks so I had to dig a little but for example TCF has a similar market cap but the short is about a million. Just this year it's been between near zero and 13 million shares short versus pea never made it above 500k. Hard to borrow = low short but I'm an optimist, and low short=good stuff coming down the pipe.  

[commonsense9]

If you shorted PEA and the LNG plant did happen- you would be slaughtered.  That's a huge risk, no matter how unlikely for the plant to ever get off the ground.

[Maxmoe]

I don't know about that but some more great quarterly results will kill any shorts crazy enough to try, not to mention a takeover bid for the hugely undervalued reserves and midstream assets.