Short sale alert.The short position worked better when The stock price was high,the Company had no drilling rig on the platform, and winter was coming on.The short bet was not a permanent"idea for success".Things have changed and in the next few months the drilling schedule will increase production.This company is active and at a fraction of book value.The State of Alaska is paying out funds to encourage a renewal of oil industry revenues.More money has been lost on Wall Street shorting oil than any other scheme.
you are living in a fantasy world. Why do you think this company is selling at a fraction of book value? It is not by accident. There are people with a lot more insight than you that are staying away from this company. There is to much incompetence here. They have all this potential but are clueless how to bring it all together. I guarantee they don't meet their deadlines or projections on a timely basis.