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Bullboard - Stock Discussion Forum Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > Shorts Covering
View:
Post by SlyFox1 on Mar 21, 2022 10:05am

Shorts Covering

270k shares that were shorted have been covered the first half of march. Wonder if that is at all an indicatior

https://www.iiroc.ca/sections/markets/reports-statistics-and-other-information/short-sale-trading-statistics-and-reports
Comment by MJB4231 on Mar 21, 2022 10:52am
What's the significance?
Comment by copperplay on Apr 22, 2022 10:08am
just look at the short position now...this stock is ready to POP!
Comment by RoyMax123 on Apr 22, 2022 10:24am
With those guys it's more likely to POOP than POP 
Comment by ark88 on Apr 22, 2022 10:38am
Stocks will POP due to short covering because of unexpected good news. The opposite is true when there is little to no short position. In other words, there is little to no fuel (short covering) to add to the fire (good news). What the little to no short position may indicate is that the shorters are unwilling to bet against the odd of news, be it good or not. The optimal situation is a large ...more  
Comment by copperplay on Apr 22, 2022 2:20pm
  maybe word is out about your $25 million payment to Sonoro?  That would make it pop to 20 cents   
Comment by copperplay on Apr 22, 2022 10:39am
Roy you hoping for new management and board too?  3 roll backs in last 5 years with this crew on top of watching this car crash with Jimmy and Selat in slow motion and never acting until now Reserve reports coming soon?  Lol  
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