Sep. 26 at 6:28 PM
$KOS short interest in Kosmos has increased 2% in 5 days, for no reason mind you, where Kosmos used to hold $.50 spread on
$WTI this has no now reversed to
$WTI probably for the first time ever holding a $.30 spread on
$KOS, why? no reason. In fact both companies posted $.82 per share in their last earnings call where KOSMOS' expectations were lowered as they missed by 10 mil, posting right at 400 million, the new estimate is
$40 million less, at around
$360 mil.. ??? SOOOOo when Kosmos posts 420 million in Revenue in 6 weeks beating estimates in a major way how could you explain all of this nonsense. Fact is Kosmos should be trading in tandem with
$WTI and nothing less otherwise its a steal!! in fact selling WTI and creating a 1.5X position in KOS is secret move
