Comment by
Moemoney42 on Oct 07, 2022 10:03am
It seems we're having a bit of a tug of war with the shorters this AM..? Might even be some stop loss hunting going on..? Odd considering the crude price strength..?
Comment by
Barkis on Oct 07, 2022 10:28am
The shorters probably added 10-20 million shares going into the weakness end of month. The slow steady climb looks like a classic short squeeze here. I expect a slow steady climd with new yearly highs above $13 in 2-3 weeks (if crude holds $90)
Comment by
ascii2 on Oct 07, 2022 10:35am
It is 15.2 million as per this link https://fintel.io/ss/us/cpg
Comment by
Barkis on Oct 07, 2022 10:49am
Hi Ascii2 I suspect the true number is a lot higher than that. You provide a like to an American website Would you know if the 15M shares is the New York exchange only? BTW how did you come up with the name ascii2 if you don't mind me asking