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Triangle Petroleum Corporation Message Board

  • stan91724 stan91724 Apr 9, 2014 1:45 AM Flag

    On top of that report we have 18% of these shares short...

    Muck like kog and axas I think that a short a kicking is in order for tplm...I think it is our turn now...We go higher into the 14th and higher after...glta

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    • You can't rely on Yahoo - do your own math and you will see that there were 8.44 million shares shorted in March and 76.4 million in the float, that means a short interest (middle of March) of only 11.3%. So - where exactly does the 18% come from - Yahoo numbers can't be trusted. I've seen my own orders not reflected in the order book - so believe me, you have to do your own math!!!!!!

    • I wrote on another string that the Abraxas story rings true here. When Abraxas was at it's bottom the short interest was overwhelming and the shorters got their rear ends handed to them on a platter. I see a similar situation here.

      Keep this in mind about shorters: they are bigger risk takers, they wheel and deal and pursue trading strategies that most don't - same can be said for those that trade options. They're simply a different animal than most "investors" who buy and hold because they chase "value" and NOT the "Deal".

      So have the big risk takers taken this risk because they are sharks and somebody chummed the water? Or are they right?

      I suggest sharks have been duped by chummers... The fundamentals are here! The shorters won't be for long!

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