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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: New short position

New short position

posted on Feb 21, 2008 09:43PM

Got access to stockwatch, these are the latest short position numbers.

2008-02-15 8,659,123 588,847

2008-01-31 8,070,276 -343,600

2008-01-15 8,413,876 -77,406

2007-12-31 8,491,282 993,844

it would appear that after some covering, the shorts seem to be confident that they won't face a squeeze and are increasing their position in advance of Q4 release.

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