PROJECT FREEDOM lasted 48 hours. The quiet version has no name, no press conference and no announcement.
Ships are turning off transponders and hugging the Omani coast to avoid Iranian mines with US military assistance available if needed.
That is not just a tactical adjustment. It is an acknowledgement that Iran's position on the strait has forced Washington to work around it rather than through it.
Freedom of navigation enforced through press releases lasts 48 hours. Freedom of navigation enforced through dark transits along the Omani coast is not freedom of navigation.
Rubio said the strait does not belong to Iran. The US Navy is currently behaving as if it does.
https://t.co/UlmcpQ6lAY
Abaxx Appoints Jeff Currie as Executive Co-Chairman of Abaxx Markets
@CommodMkt's expanded executive role will support the development of Abaxx’s global commodity markets, MarketOS™ technology suite, and Agents++ for agentic finance.
Read Release
https://t.co/HMYjFR4p0m
Noone can be so permabullish on $lode unless paid for. Anyone independent & with a braincell would be critical of $lode treatment of shareholders & poor execution. Such criticism is constructive, boards should be challenged and held to account unless you are a mouth for hire.
Make no mistake, all this hyperbole from the US administration is coming from a single place: strategic miscalculation leading to more strategic miscalculations. Things are quickly getting out of control.
$NUTX short interest remains very high for a stock with low ADV.
I've mapped out shares sold short vs the chart, we've seen 308,645 short shares covered since the low (stock + ~35%).
Based on the period's ADV, that is a 4.5% participation rate.