Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s): BIREF

Energy Oil & Gas E&P

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

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TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Short

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Post by riski on Nov 08, 2020 11:25pm

Short

I shorted this on Friday. I thought I may have to hold and add to it for a few months, but it might pay off more quickly than I thought.

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Comment by wateroperator on Nov 08, 2020 11:26pm

Good for you, congratulations

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Comment by ngtraderng on Nov 09, 2020 7:49am

Looks like you're about to learn the definition of a short squeeze. BIR will rally decisively through $2 today.

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Comment by LawrenceKnight on Nov 09, 2020 11:31am

riski will be having KD for dinner tonight.

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Comment by riski on Nov 09, 2020 12:39pm

Do you think the BIR price action is good on a day like today?

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Comment by 2020oilgamble on Nov 09, 2020 12:48pm

This post has been removed in accordance with Community Policy

Comment by riski on Nov 16, 2020 4:53pm

Natural gas at its highs and the share price running up with everyone trying to play the NG run is a perfect time to short. It actually bodes very well. On the other hand, I would never short something like WCP, BTE, CPG, MEG. Long all the way. It's a great pair trade. So far the BIR short is only green by a few percentage points, but the proceeds bought WCP which are ...more

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