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Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > Crack up Boom?
View:
Post by MustangMatt on Jan 27, 2021 12:46pm

Crack up Boom?

I keep thinking the market is set for a crack up boom.  Shorts are getting punished on certain names, what if that trend came to the Canadian O&G space?  With Fed printing ad nauseam I don't want to fight the fed.  Still I am cautious.  Cheers Matthew
Comment by Grandcentral on Jan 27, 2021 1:29pm
Shorts are comfortable here, because even in a squeeze, they aren't left without value in shares. The gap between SP and real value is such a big runway, with relatively good liquidity - they have a $3 cover minimizing the risk of real hurt in typical shorts - especially the heavy ones we are seeing in the news. Those companies are worthless and short sellers will be left holding the bag. Kelt ...more  
Comment by OGGambler on Jan 27, 2021 1:53pm
Kelt is a good stock for new investors with limited $$$ looking to hit a home run.  Quite cheap, no debt so company won't go bk, lots of upside.  Fits right in with that Wallstreetbets crowd. If all I had to invest was $1,000, this would be one of my plays.
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