Here's what I know so far about Pantheon Resources $panr.l 1) channel checks turned up poorly 2) smart investors I know are short the stock 3) the company previously had a "large discovery" that was ultimately uneconomic 4) there are wildly aggressive shareholders
I am not an exploration geologist, but I have looked at a number of publicly traded exploration stage oil and gas companies. Most have not "worked". Insiders have often ended up paid regardless. And insiders recently sold at $panr.l twitter.com/Josh_Young_1/s…
I am also not involved in the stock. I am currently not short any stocks (other than long small put options positions on etfs and $aapl as hedges). And I'm making no recommendation. But this experience is disconcerting and I thought I'd consult the hive mind. Thank you.
Scott. I am currently short PANR because a) I do not have the oil there b) I think the management are lying. And yes - this is my opinion. I do not have to justify it to you. And if I am wrong I lose money. now politely take your sanctimoniousness elsewhere...Show this thread
Another perspective: twitter.com/compound248/st…
Am I misreading this or ...? twitter.com/aeberman12/sta…
Oil and gas investor. Not investment advice, do not rely, my positioning may change without further notice. Likes & r/ts are not endorsements.
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