Per the Schwab Share Lending Program desk shorts are again wanting to borrow shares to short IOC. They must be expecting news to come in the near term.

'jft310' pid='25326' datel Wrote:Frankly I luv the idea of shorts now shorting more. Reminds me of Eric shorting more IOC when it dropped below $10. He had to brag about what he did. Why I am so confident. IOC will name its new CEO soon maybe next week IOC has a deal with Exxon for their third train that includes LNG participation.Source TWO IOC Senior execs.Further negotiations on for the 4th train with IOC . IOC will have to chose an Exxon 4th train or another LNG partner deal.

To my knowledge, Eric sells OTM calls from time to time, I don't recall him ever being short. In any case, we don't know because we can't look into his account, whatever he (or you) says. It isn't terribly important either. All sorts of people do all sorts of things..

JFT, my point is another one.

• You didn't provide any link to him arguing he was short
• He cannot defend himself here

Even as the same Eric has ascribed many things to me  without providing links or quotes, I don't want that behavior here on this forum, that's a matter of principle. Apart from that, it's not controllable (we don't have access to his trading record) and it's hardly relevant.

And yes, I don't think shorting here is particularly clever, needless to say, although selling calls is another matter (especially if one is covered).

No, I'm not arguing with any brokers. What I'm arguing is:

1. It doesn't matter what some individual investor does, even less what he says about it (as we can't control whether what he or she says corresponds what he or she does with their IOC position, or any other position)
2. While it might be fashionable to ascribe stuff to people without links and quotes on other fora, I don't appreciate that here, especially when people can't defend themselves. If I tolerate that it can quickly become a free for all where we ascribe anything to anybody without any burden of proof or possibility of redress. We went from Yahoo for a reason.

I hope that helps.

No, I want you to agree with, and abide by, the following two points, the second more especially. For good measure, I'll repeat them because you don't seem to be able to grasp these:

1. It doesn't matter what some individual investor does, even less what he says about it (as we can't control whether what he or she says corresponds what he or she does with their IOC position, or any other position)
2. While it might be fashionable to ascribe stuff to people without links and quotes on other fora, I don't appreciate that here, especially when people can't defend themselves. If I tolerate that it can quickly become a free for all where we ascribe anything to anybody without any burden of proof or possibility of redress. We went from Yahoo for a reason.