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Bullboard - Stock Discussion Forum Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state exploration and production licenses with the... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > Looks like a quick shorter attack ????
View:
Post by Proselenes on Oct 21, 2021 8:17pm

Looks like a quick shorter attack ????

Just seen the news of the parliament antics today.

Most likely gave the shorters the gunpowder to try a quick shorting attack, close the shorts and make a quick 10% and also get some more shares in their long positions. Volume was too low to be anything more than an opportunistic short attack IMO.

 AFAIK, Royston testing has not even started yet.

https://trinidadexpress.com/newsextra/extraordinary-scenes-as-parliament-descends-into-chaos/article_5c6d6d0a-3294-11ec-b7fe-3f7457a240bf.html

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Comment by iwindaily780 on Oct 22, 2021 12:21am
Hey Pros, what makes you say testing hasnt started yet? I am hoping you are right, but i got scared it was negative testing news leaking on the ground... obviously I have no info but it was just so bizarre today. Love your insights, thanks for any more info you have in advance!
Comment by Proselenes on Oct 22, 2021 9:44am
Ear to the ground........have not started testing yet.  Will start soon with initital results early November, just as the CEO said.........late October to early November.
Comment by exponential1 on Oct 22, 2021 11:02am
Could also have been someone using stop losses being triggered.