Birchcliff Energy Ltd T.BIR

Standing By to Buy

[liljohnnyjoke]

this thing goes ex divy a week today the 14th (they should make it the last one) and then there are 7 trading days left in 23 for tax loss selling so might get some really good deals that last week. There would likely be a knee jerk sp down reaction from the cancellation of divy but moving forward it would do nicely I believe. Stop buying back shares with cash on hand, and stop borrowing money at high interest rates to pay lofty dividend!

[beelzeebuub1]

..while the stock usually drops when it goes ex-divvy, I wonder if the forward looking market has already priice that in ?    What sort of fire sale numbers are you looking at..  Hopefully you have your stink bids ready to load ! :)) 

[PlutusofCrete]

Let's just keep the 80 cent dividend and see where life goes.  Try not to worry too much about the commodity price swings.  Good luck everyone. 

[liljohnnyjoke]

I will pay the sp price that the market gives post divy in the last week of tax loss selling