Post by
dandu1924 on Mar 01, 2024 4:30pm
Volume
Still amazing, over 36 million shares traded today on both side. In two days, almost 10% of BTE shares has been traded. What is means??? Nobody is interested to hold this lame duck oil stock or What again....???
Comment by
ManitobaCanuck on Mar 01, 2024 5:55pm
Simply means that weak hands who bought for a post result pop are selling out to stronger hands. The stock price did not tank today and stronger hands are holding onto this for next leg up .
Comment by
dandu1924 on Mar 01, 2024 7:06pm
Hi! Manitoba, Do you feel sorry about your ATH sold out around $3.45 or someting like that and now over $5.00 and you did hold a few millions of ATH share like 3.5 millions.
Comment by
woodsmen on Mar 02, 2024 9:11am
Well actually if you bought ATH at .12 cents and you held those same .12 cent shares $3.45 to $5.00 it would be up 13x returns in that span. Spin it any way you want............But I would have gladly held .12 cent ATH shares over this stock obviously....
Comment by
ManitobaCanuck on Mar 02, 2024 11:36am
My average cost is under $1 and the current divvy pays me approx 9 % yield on my purchase price . Divvy is well protected till $47 WTI. So I am gonna enjoy the ride up . Even at projected $70 oil these guys will atleast be a double in 2026 .
Comment by
Stockhudson on Mar 02, 2024 11:21pm
yes I averaged down in 2020 It was not easy pressing buy button at .32 cents but I did it GLTA the longs