@Zaneris@DarioCpx the shorts is the us gov.
they don't mind losing money, they'll just print it.
but there will come a time where physical shortages will be so high (cause they can't print oil yet) that they won't have enough money to short
@MLmeign1 very nice deep dive, I also own the stock and was pleased to see this.
especially as I think that oil prices must hold 80$+ minimum for the next 2-3 years as hormuz is not even close to normalize soon.