BUZZ-Oil service names squeeze higher despite weak results
** CGG (LSE: 0O2V.L - news) follows Petrofac in squeezing higher post-results, up 7.4 pct despite poor full year numbers
** Operating profits increase to $111 mln but reports overall loss and $643 mln write-down, bulge bracket trader says results "very very messy"
** Transocean (LSE: 0QOW.L - news) reports loss and $992 impairment but Swiss-listed shares 6.6 pct higher
** Seadrill (Munich: S9A.MU - news) profits miss but shares 2.5 pct higher
** All three stocks have significant short interest
** Crude inventory builds sees bearishness linger on despite a stabilisation in the oil price
(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)