#PANR $PANR The Big Short! PANR shareholders have just been played. Well done Shorts, Rnd1 to them! It's a fact that all these shorts were placed some time ago under stealth, in a stock information vacuum, in a weak market, amongst Director selling.
Online attacks + cream on top from MW on the weekend has equaled major shareprice weakness.
$PANR has now fallen 50% since Aug, but there is now in my opinion NO real edge on the short trade coming into a major binary event. Red or Black is better odds!
$PANR has now fallen 50% since Aug, but there is now in my opinion NO real edge on the short trade coming into a major binary event. Red or Black is better odds!
There is NO edge for MW to tell a forum & Hedge Funds to Short $PANR (after it's fallen 50%) leading into a binary result, where there odds of success are skewed to the upside. No Fund will do it, esp. after they've missed yesterday's price fall post article.
Infact HFs' may even be a little bit pissed that the MW short news was in the newspapers before they even had a chance to look and or act upon it!! HFs may not act now after it has already had the price crunch lower.
MW will look a fool if HFs' were to take on the short trade, only to see a successful flow test at AK2 due soon, and stock gaps up hard! Imagine the squeeze!! So my bet is, given yesterday's volume event and price action, the shorts were closing as quick as they could!
No-one knows today what the flow test results will be. Not $PANR or shareholders long or short, and nothing is guaranteed in the Oil & Gas game, its high risk high return. But considering Alkaid1 produced 100bopd on a stablised rate through a 6 foot zone,
it's highly probable that a 5,000+ foot section of better quality rock is going to produce a whole lot more at Alkaid2 and wipe the short call. Anyway @PantheonResour1 get that sand out and flow that son of a bitch big time!
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