OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay-77H Well 4 1/2 inch casing set and ce, page-21

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  1. 332 Posts.
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    re: Ann: Cambay-77H Well 4 1/2 inch casing se... and maybe its just a long squeeze, squeezing the longs to dump their stock...so they can accumulate.

    Short sellers can monopolize the trading in a stock for a brief period of time, creating a sudden drop in price. The main reason why long squeezes are so rare is that value buyers will step in once the price falls to a point deemed "too low", and bid the shares back up. A rapidly falling stock, without a fundamental basis for the drop, will soon be seen as a "value" play, but a rapidly rising stock will be seen as increasingly risky with every upward tick.
 
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