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With oil over $100/barrel, it's a shame...
#24

'kommonsents' pid='26713' datel Wrote:The problem with IOC is the float, the percentage of total shares that are available for trading. A stock split won't change that. The small float makes it possible for manipulation of pps.....that along with a cooperative mm. IOC needs a deal that monetizes the assets and the major stockholders need to stop lending their shares for a few bucks. That will create any short squeeze that may be available. I am not convinced that the shorts are all that vulnerable to a squeeze. With both long and short accounts together with options positions, a short squeeze may not be in the cards. Just sayin.....

This seems to me Common Sense ... Thank you for this...

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RE: With oil over $100/barrel, it's a shame... - by SeKreet - 08-07-2013, 06:24 PM

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