$2.04 price target, page-38

cheers

i posted earlier i expect a massive 100% increase in bopd that sea had from last year.

the news of 2 rigs moving in on the mcmullen efs acres and the 30 day flow rates of all recently completed wells will be significant

if the short is forced into a squeeze as suggested, it will be a pretty furious jump in the sp.. 10 mill shares are sitting there accumulating since january,, the sp has only increased, so the short will be already looking fairly shaky imho

shorting from .75 to this price point imho needs the short to fall to below the average of the low and the high, so probably .90 would be break even

so my curiosity is in how wise the short is, will there be an event that will take the market cap back to those levels?? thats just to break even

then you have to get out of that position..

interesting strategy but will it actually get anywhere?

i would be keen to see what analysis they are running to be piling in day after day