Feb. 23 at 7:05 PM
$SOC is facing a brutal double whammy as short interest hits a record high according to TipRanks, signaling that nearly half the float is betting on a collapse. Meanwhile, local opposition is peaking as Robert Sulnick’s latest piece in the News-Press slams the company for trying to drag Santa Barbara backwards by bypassing state safety laws with federal PHMSA loopholes. It’s a high-stakes standoff between federal permits and fierce California legal challenges—either a massive short squeeze is coming on a successful restart, or the bears are right about the regulatory wall.#SOC
https://www.tipranks.com/news/the-fly/short-report-sable-offshore-short-interest-at-record-high-thefly-news
https://www.newspress.com/2026/02/20/robert-sulnick-sable-oil-drags-santa-barbara-county-backwards/