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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (2259)	3/25/2021 6:40:43 AM
From: sense	Respond to of 5603

HPR Holy Crap... Article out Tuesday... 3 Short Squeeze Candidates In The Energy Sector Buying a low float stock with high short interest isn’t a guarantee of a short squeeze. There still typically needs to be some form of catalyst to get the stock moving in the first place. HighPoint Resources Corp (NYSE: HPR) HighPoint Resources is an independent oil & gas company. In the past three years, the stock has collapsed by 97.9%. But as many meme stock traders have realized in 2021, short squeezes are technical market phenomena and don’t necessarily have anything to do with the company’s underlying business fundamentals or the stock’s long-term outlook. With a float of just 2.28 million shares and a short percent of float of 31.8%, HighPoint is one of the best short squeeze candidates in the entire energy sector. I think the odds of that turning into a short squeeze are VERY low. Shorts were likely taking cash off the table ahead of the deal.... and when the deal is done, they'll hand over shares to settle shorts and keep the cash... which has likely already been converted into shares of BCEI... If there's some other play here... I'm not seeing it... Looks like a $6 million dollar mistake... But, that is TWO bogus articles about HPR within a week... touting it as a long side buy didn't' work...so skulduggery afoot of some sort... to push it now as a short squeeze candidate ? That's why you do your own DD, boys and girls ? But, follow the money... who is pushing the stories out ?