Post by
Margin321 on Apr 23, 2022 11:01am
Green Day
TXP held up pretty well today despite the carnage. Now if we could just get our two pending items - first gas at Coho and acceptance of Cascadura development plan - to happen EARLY in May.
Because May could drag on and on and feel awfully long if the overall market continues to behave badly.
And the closer we get to the end of May without any news, the more the worries and frustrations and negativity will mount as the the PTSD over delays kicks in. We especially have to have all that in place BEFORE Paul's presentation in London on May 21. There is ABSOLUTEY NO WAY he can get up there and offer the same old excuses for the delays. Even if they are true. He would have to cancel.
Comment by
Proselenes on Apr 23, 2022 8:27pm
One of the quirks of the stock market. On a carnage day.......a heavily shorted stock likeTXP will see buying as shorts reduce...........and so there is buying pressure. Other stocks with no shorts and only longs see lots of selling and fall, as longs reduce.