Short interest in InterOil stock (NYSE- IOC) jumped again in the latest reporting period to a record high of 12,973,540 shares short as of the settlement date February 28, 2013.  An additional 653,899 shares were shorted during the final two weeks of February.  This is the tenth consecutive reporting period with increased short interest in InterOil stock.  Since the end of September, over 4 million additional shares of InterOil have been shorted.

With nearly 13 million shares short, currently over 25% of all InterOil shares are sold short and over 31% of the available float.  Even with the massive increase in the short interest, InterOil stock has continued to perform well this year as the stock up 39% YTD.

Intuitional ownership has strengthened during this period as 9 of the top 11 holders of InterOil stock have either increased or maintained their holdings during the 4^th Quarter of 2012 according to filings.  With nearly $1 Billion worth of InterOil shares short, the stock continuing to outperform the broader indexes, and   InterOil Board of Directors meeting the Company's advisors for the purpose of evaluating bids received for the development of the Gulf LNG Project,  InterOil appears primed for a short squeeze.

'Palm' pid='18623' datel Wrote:And as of last week there were reports that there a basically no shares out there to short. So, what can they do? Find more desperate stories to try and post like personal attacks on BODs, trying to goad Duma into saying IOC has been booted, digging deep to find proof that OSH won't be buying IOC, etc. Then they use intraday shorting to try and cause some panic (because there are no shares to borrow). But it's not working. The stock is in the strongest hands ever as the SD process moves ahead. I think IOC has a couple if conferences it does yet in March and April, then Elk needs to be popped, an update on SD would be appropriate. Plenty of things to keep the pump primed for the SD announcement. And the markets are flying high. Risk is on.

Palm, you can bet this OPM, other peoples money, lol...

'johnwgrant' pid='18626' datel Wrote:I worry when the shorts have this much at stake... They are not known to play nice when they are cornered. Please, Please, Please: InterOil - when you make your partner announcement, do not leave ambiguities that will open the door for the shorts to claim that this is a "bad deal" !!!

John, you're right in noticing that they don't play nice (I have ample experience with that as well) but this is the last thing I would worry about. History has shown that they change arguments faster than Imelda Marcos changed shoes, and this time will be no different. Rather than "conviction" shorts as Bonk called them, they're utter opportunists, time and time again, when one argument has been blown out of the water by facts and/or developments, they effortlessly shift onto the next "argument," even where that contradicts previous ones

I really don't think they can fool anyone with that anymore.

In fact, Bonk himself came up with the most hilarious one of them all, trying to shift all the ludicrous arguments that have been the work of the Tilson gang, but the serious shorters stay quiet and therefore must have some "hidden" ace argument.

So good that it cannot be made public, (despite all the efforts with paid bashers, hired ex-cons, planted newspaper stories, etc. etc.), this is basically an admission they have no clothes.

What they do have is fire power, but with 13m shares short, they must be running out of bullets and soon there will be a new sherriff in town, with a new broom.

According to the WSJ, InterOil is 11 on the NYSE as a % of float short.

http://online.wsj.com/mdc/public/page/2_3062-nyseshort-highlites.html?mod=topnav_2