Post by
TenneseeOil on Jun 19, 2021 1:08pm
Frank
Do yourself a favor go long... or protect your assets. There isn't more than 10-16 million shares in weak hands and their hands are likely getting stronger by the day. The only risk here is no commercial Oil and that doesn't appear to be too likely.
The Oil Industry did a lot of "Firing people I mean re-structuring" There is always a guy or gal who knows a guy or gal. I have a relatively small position however I know at least one retired Oil guy who owns 500,000 shares and another person who I'm not sure how much they own.
This is a dangerous game and I wouldn't want to see anyone get in the way.
I have no problem with shorting and if you can take that share price down I will continue to be a small buyer. But dang man things could move so fast and if something blew through a stop ouch just ouch.
Comment by
curious14 on Jun 20, 2021 12:39am
You earned my ignore, your postings are getting boring. Sorry c14