02-23-2013, 08:20 AM
I remain amazed that the shorts seem unphazed by the imminent collapse of their short thesis.
Even if they have bought calls, they are in for a world of hurt.
The shorts must be hanging their hat on the hope/prayer that no Oil Company in the world will want to take a stake in a 9 TCF low-cost onshore natural gas project. The need for energy is too great (and growing) for InterOil not to receive some reasonable bids.
Go InterOil - prove the shorts "short-sighted" !!!!
Even if they have bought calls, they are in for a world of hurt.
The shorts must be hanging their hat on the hope/prayer that no Oil Company in the world will want to take a stake in a 9 TCF low-cost onshore natural gas project. The need for energy is too great (and growing) for InterOil not to receive some reasonable bids.
Go InterOil - prove the shorts "short-sighted" !!!!