RE:BTE Is STRONGLY Motivated To GROW Heavy Oil Production !!!
Thank you Eigen337 (and the rest of you!) for your informative and detailed posts. You’ve been explaining lots of concepts that make sense + I hope you can continue teaching newbies like me!
I understand short positions, level 2 quotes, and pullbacks more, thanks to you.
I’ve been investing for several years just kind of breaking even… never had the balls for oil stocks because it was honestly way too creepy for me, relying on the whims of oligarchs and complex geopolitical drama. Except for last fall when things were just way too cheap.
I got 290,000 shares at 0.70c and a bunch of Enbridge and Teck, and hope to retire thanks to some awesome advice on this board (ignored 3 people, to make things look cleaner.
Thanks ignore button!). Every time I had an anxiety attack there was always someone on this board who made me relax and hold. And think long-term.
I’m a pharmacist so I’ve been giving the vaccines, and carefully watching the trend of increased vaccine availability and proof of efficacy against the variants leading to higher oil prices. I think what happened with WTI on Memorial day weekend in the US will happen in Canada in the next month or two as we all get vaccinated, so there will probably be another good week for BTE later!
I am vaccinating 12-18 year olds with pfizer! And everyone older of course. And everyone over 75 is getting their second shot. It might take a year or so, and we ‘may’ need booster shots, but the oil stocks look OK!
Thank you all for the advice and education