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InterOil's (IOC +8.5%) self-imposed deadline for final binding bids from potential partners in...

InterOil's (IOC +8.5%) self-imposed deadline for final binding bids from potential partners in its Papua New Guinea project is encouraging, Raymond James says, because it signifies management's comfort with what's now on the table. But short interest is ramping up as deal skepticism remains, and the firm warns IOC is setting up for a short squeeze once the partnership news comes out.
Comments (2)
  • can't wait for the short sellers to get BURNED big time!
    25 Jan 2013, 05:44 AM Reply Like
  • cant wait for the shorts to get really
    25 Jan 2013, 05:44 AM Reply Like
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