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Penn West Petroleum Ltd. Message Board

  • mrpev mrpev Aug 27, 2014 11:25 AM Flag

    Short interest fell by 7/31 and even by 8/15

    Shorts and long term investors got the real gift from the sky and some of them used it. But not everyone. Some shorts were mistakenly pressing even at low 7’s…based on charts. The majority of selling after 7/29 announcement was from weak holders. Too bad for them. The recent buying and especially today’s’ buying are for real, by investors, not short covering. GLTAL

    Sentiment: Strong Buy

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