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Wednesday, 03/27/2019 8:46:01 PM

Wednesday, March 27, 2019 8:46:01 PM

Post# of 870
Today there was an investor meeting in New Orleans.
Scotia Howard Weil Energy Conference

Normally we would see an uptick from presentations to investors at a conference... but

After yesterday which saw the price of 29.46 with 52 week high of $30.05 in sight I see the increase in shorting. Price on a very stable stock and company is down .78 in two sessions for no reason I can see.

The big institutional holders manipulate the price for short gains, and they play the market knowing their HFT algorithms will win over retail buying and selling. When they want it up they will invest money at the ask price. They have lots of $$.
Long term it works not to pay much attention to the market swings.
JMO
-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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