Well, you can see for yourself how it works. That comment from Alan, does that suggest he's going to have an open mind when he's going to do a "formal assessment" if he calls the company a scam (without a sliver of evidence) even before, by his own admission, he actually embarked on such an assessment?
We think a short squeeze will be highly likely once the well is finished and third party report is out. The well already had two good DST's, and they keep getting deeper so the resource is getting bigger.
Other funds will probably recognize the vulnerable positions of the shorts and turn on the screws, it's a pretty risk free strategy, especially when third party report is out.
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Well, you can see for yourself how it works. That comment from Alan, does that suggest he's going to have an open mind when he's going to do a "formal assessment" if he calls the company a scam (without a sliver of evidence) even before, by his own admission, he actually embarked on such an assessment?
Jun 14 13:32 pm
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All Comments by Shareholders Unite »InterOil: Uncertainty Fading [View article]
We think a short squeeze will be highly likely once the well is finished and third party report is out. The well already had two good DST's, and they keep getting deeper so the resource is getting bigger.
Other funds will probably recognize the vulnerable positions of the shorts and turn on the screws, it's a pretty risk free strategy, especially when third party report is out.