Replies to post #259 on QEP Resources Inc (QEP)

[Hercules1]

$QEP:



that is a great post.


also have you seen this: there is substantial and significant institutional ownership here.

https://finance.yahoo.com/quote/QEP/holders/


which means that the float is relatively tight and locked up.

smart minds are not interested in selling this stock at these prices.


QEP destroyed the street estimates by 2000%.



there is no weakness at this company. they have top flight CEO and top flight strategic planning to deal with the coronavirus crisis.

and now oil prices are steadily rising. UBS experts say that the oi prices will jump 115% this year from these current levels.



OPEC is cutting production today.
Canadian oil producers are cutting back.
Brazilian oil producers are cutting back.

global economies are re-opening.

In China there is a massive surge in demand for oil.

you would have to be one hell of an idiot to short this stock now.

it is just not going to be profitable to short it now.


shorts would be wise to cover and run.