Verb "play someone like a fiddle" 1. To manipulate (a person) skilfully
... or in this case, Wacky, to manipulate a stock's price!
I've been watchfully looking on today at the Beach charade fully aware of the imprecise nature of valuing Beach's current worth especially regarding shale gas assets. I wonder how many more such opportunities to short bpt so heavily and deeply as today will exist in future for the investment banks? Surely right now is the Big Shorters chance while there is so much public uncertainty regarding the interpretation of shale-gas well test results and also while we have so many varied opinions here on HC by even the most sapient and sentient oil & gas posters. The perfect storm {like today's 35mill volume effort} could catch a multitude of small investors and even some bigger traders selling in a confusion of disarray. Two questions: Who is shorting and then buying? Why are they shorting and then buying?
BPT Price at posting:
$1.33 Sentiment: LT Buy Disclosure: Held
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