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The shorts are positioned at $78
#5
same yshoo thread


northerntrader•2 hours 22 minutes agoFlag

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.

Very well said ot008. No fluff, no wild speculation. Just fact and common sense joining of the dots.

$1.50/mcf equates to around $180/share iirc (just for E/A), so your $125 target is actually quite achievable.
Add in any value attributable to B/T and unexplored lands.
Add into that the short covering (or rolling forward for big losses) that will occur and we have a lot to look forward to. Can you say "margin call"?

It will be difficult for IOC to keep tight-lipped at Monday's New York event.
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Messages In This Thread
The shorts are positioned at $78 - by jft310 - 04-13-2013, 01:44 AM
RE: The shorts are positioned at $78 - by jft310 - 04-13-2013, 03:06 AM
RE: The shorts are positioned at $78 - by jft310 - 04-13-2013, 04:57 AM
RE: The shorts are positioned at $78 - by jft310 - 04-13-2013, 06:22 AM

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