Throughly agree ! However I do feel at this curr
Post# of 39368
Throughly agree ! However I do feel at this current valuation it will become extremely difficult for the Naked Shorts to do this once we get a few barrels above CFP somewhere in the 100-150 bbls a day ! Anyone can can get in at these levels and feel the risk vs reward is extremely low for the amount of shares you can get.
If they wanted to continue to short it it would much easier at a higher valuation but now I mean they have gotten this thing to sub penny and back so now what???? They are kinda stuck I mean if they let it go back above .04 its admitting defeat and to try and keep it here is really like Russian roulette because once this oil starts getting to market then we'll see... #3 is the cornerstone #4 is their " bells in a sling " the Standard and beyond is their balls being busted !!!!
As long as we get back to public with the next PR and we do over 80bpd by mid June before next Q is due I don't know where deadlines are for going worse than Pink limited but it has to be very soon I'd think by next Quarter deadline !!! We are days away from realizing where we are with the new status quo
Lets get 4 rolling and build from there and call that S.O.B'in power company to get off their arse's None of the info we have is official but one would have to figure in good faith worst case scenario is these wells are 30bpd ish .... Isnt it true the stuff that sputtered out were mostly if not all reworks ?