04-01-2013, 01:51 PM
As you say Admin, it's hard to believe that Shell would even be remotely involved in Shorting the stock of an energy exploration company in the hopes of driving the share price down in advance of a takeover.
However, putting the puzzle pieces together, it might be that folks connected to Petromin and the RDS back door endeavors might be Short 4-5 million shares. Is it possible that Joshua Kalinoe himself is Short together with some known Australians?? anything is possible.
I have always felt that when the Shorts start covering, the PPS will increase by $15 per million shares for the first 3 million covered. Then it will escalate since the remaining shareholders like me will be too greedy to sell until we see a VW-type squeeze to over $400.
One can dream!
However, putting the puzzle pieces together, it might be that folks connected to Petromin and the RDS back door endeavors might be Short 4-5 million shares. Is it possible that Joshua Kalinoe himself is Short together with some known Australians?? anything is possible.
I have always felt that when the Shorts start covering, the PPS will increase by $15 per million shares for the first 3 million covered. Then it will escalate since the remaining shareholders like me will be too greedy to sell until we see a VW-type squeeze to over $400.
One can dream!