Brightoil,
Re "Has anyone been in a stock in this situation and come up on top?"
Yes, Hardman. I was in HDR (BTW FAR has been compared a new HDR by many) and subsequently took up TLW shares as part of a TO deal. Shares was manipulated between 1.20 and 2.40 for about a year and then one morning, was TO at 2.12 (from memory).
AND HDR never had the same amount of oil!
CNE is also being manipulated as well. Though probably a lot due to the Indian problem.
"The stock of CAIRN ENERGY PLC (OTCMKTS:CRNZF) registered an increase of 171.22% in short interest. CRNZF’s total short interest was 878,200 shares in September as published by FINRA. Its up 171.22% from 323,800 shares, reported previously. With 100 shares average volume, it will take short sellers 8782 days to cover their CRNZF’s short positions."
"8782 days to cover their CRNZF’s short positions." !!!
As of 18th Sept, FAR has just over 67 mil shorted. Avg trade/day is 3.51 mil (from July 1st to last Friday). If desperate and assuming all trade are for covering at any cost, FAR's short will take about 20 days. Actually it'll take much less as the SP will go up and the vol will increase.
Cheers
KKW
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Last
43.5¢ |
Change
-0.005(1.14%) |
Mkt cap ! $40.19M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 43.5¢ | $27.99K | 64.22K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 169999 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 76840 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 169999 | 0.435 |
2 | 198608 | 0.430 |
1 | 50000 | 0.425 |
2 | 79261 | 0.420 |
2 | 58724 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 76840 | 3 |
0.445 | 25000 | 2 |
0.450 | 85387 | 5 |
0.460 | 1260 | 1 |
0.475 | 25383 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
  |
Change
-0.005 ( 1.14 %) |
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Open | High | Low | Volume | ||
43.5¢ | 44.0¢ | 43.5¢ | 96350 | ||
Last updated 14.16pm 02/05/2024 ? |
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