Jul. 24 at 2:10 AM
$NOG I'm a small retail investor. I've made a couple 10-20k good investments in the past, always buy shares and calls. Im not invested and/or knowledgeable to short or buy puts. But, with the current global oil situation, i cant really understand why people are shorting oil? Granted, I bought a few shares of this in the midst of oil disruption. But, i would think that the demand has only slightly decreased, which cant be good news for people hedging against either oil prices increasing, or in this company's case the oil exploration. Its if anything in more of a demand, while in short supply.