What I really think is happening is that we have a
Post# of 39368
What I really think is happening is that we have a 25 million dollar hedge fund with a few other traders and smaller funds, maybe 5 million dollar shops, as co conspirators to controlling the tape. They hire the bashers, have some programs set to automatically sit the ask or sell into bid, and then they have some manual trades the set to paint the tape at critical times.
They are able to show their investors paper gains as they have been successful thus far with their campaign of misinformation, bashing, and stock manipulation. However, they can't cash in unless TECO goes under. They also can't cover for risk of uncorking a rally. There's no way they could just flip and go long when by my estimation they've naked short sold probably over 200 million shares at this point. Can you imagine them trying to cover even 10 million on this position in a week, let alone a day? The stock would open gap up the next morning with or without news.
Having been to the well sites and having learned about the well activity for the surrounding are, I could really care less what games are played with this stock. The outcome is going to be the same, more oil will flow for Treaty in Tuscola, Texas.