Post by
Owlseye1 on Aug 19, 2021 11:04am
Buy it while it on SALE!!!
MANIPULATION OF OIL MARKET!!! CHINA USA ect wanted cheap oil so play the Covid BS!!
Comment by
forecast123 on Aug 19, 2021 11:10am
yes, ...Am on the lookout to pick up some @1.80$ but not sure whether this hurdle will result in SP to 1.80$
Comment by
deepblue on Aug 19, 2021 12:04pm
1.80 is still to EXPENSIVE!!! Wait for 1.68 or less.
Comment by
BayStreetWolfTO on Aug 19, 2021 12:17pm
Personally I'm waiting for < $1=""> But I need a lot of shorters to help with that...if we could only get the float to 10% short That way the company spends less on buybacks also!!
Comment by
BayStreetWolfTO on Aug 19, 2021 11:11am
It is interesting for sentiment to contradict data Draws...yet price decline While I agree $1.90 is a good price...it would be helpful if shorts could drive it below $1....but I think we would need a 10%+ short position to do that. The key I always say is the price over the management price. YES!
Comment by
forecast123 on Aug 19, 2021 11:24am
In Aug 16 2021 presentation, ED said early 2022 for sizable share buyback... Hope they move up the schedule of buyback earlier to benefit from this SP fall rather than sticking onto Jan-Feb 2022.
Comment by
BayStreetWolfTO on Aug 19, 2021 11:28am
They could announce an NCIB...however I would prefer the share price be below $1 if they were to accelerate... Otherwise I say stay the course for 2022 Depends how aggressive the shorting is. But I agree if shorts can get it below $1 quickly complete an NCIB $56m to buyback 10% of the float at $1 to me would be great
Comment by
GrumpyMonk on Aug 19, 2021 11:16am
Gota wait for the bottom of the barrel.... This COVID wave is real unfortunately. China and South east asia countries like Thailand ARE imposing lockdowns. This is not the end of the bloodbath. This 2.50 BTE will look juicy in 2 weeks... LOL