I’m not an expert in shorting stocks. I don’t even know if they’re at play with this stock. I do, however, have some thoughts and questions for people who have more knowledge than I have about this topic.
USOG has done everything that the company’s execs have said it will do - the prs prove this fact. The execs current statements point to a very positive future. They also haven’t overstated their positions. Thus, we expect the financials to be positive. They have also spoken of other positive news coming in USOG’s near future.
The stock will move UP!
Here are my questions about shorts connected to this stock: If this stock is being shorted, wouldn’t an upward spike on positive news create a squeeze? If the shorts are squeezed, wouldn’t these people have to cover their positions? Wouldn’t such a scenario create a massive spike in the stock if the shorts are still involved with it?
I think that the shorts, if they’re that involved with the stock, will soon run from their positions. Again, I’m not a rocket scientist, but simple logic seems to suggest that people don’t like to lose money.
Any thoughts?