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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd BIREF


Primary Symbol: T.BIR

Birchcliff Energy Ltd. is a Canada-based intermediate oil and gas company. The Company is engaged in exploring for, developing, and producing natural gas, light oil, condensate, and other natural gas Liquids (NGLs). The Company's operations concentrated within its core area, the Peace River Arch, which is centered northwest of Grande Prairie, Alberta, adjacent to the Alberta/British Columbia... see more

TSX:BIR - Post Discussion

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Post by SadieLadyCO on Jan 19, 2024 12:40pm

Shorts

Do not get over board. BIR will be back up to $5.20++ By early spring.
Comment by 2young2invest on Jan 19, 2024 4:18pm
You are a funny bagholder.
Comment by Detailoriented1 on Jan 24, 2024 11:20am
Did not take long for this to start recovering.  It will be interesting to see the short position when next reported.
Comment by PlutusofCrete on Jan 24, 2024 11:23am
So much blood has been spilled already..not sure if this feels like a recovery yet. 
Comment by Donhow on Jan 24, 2024 12:23pm
I calculate BIR has traded 11.4 million shares above average volume in the last 4 days so there is probably not much pressure left from the shorts.
Comment by Detailoriented1 on Jan 25, 2024 10:50am
I am less certain than you on shorts having covered.  Considering some of then think the company should trade in the penny range, I think there are still 10 million or more short.  Time will tell.  
Comment by Donhow on Jan 25, 2024 11:17am
 I'm not certain of anything with nat gas. I'm long BIR and don't think a short would pay at todays price. I have made some major mistakes on this.