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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Post by TonyDjon Dec 01, 2016 9:09am
111 Views
Post# 25539147

More Short Covering.WTI over $50.

More Short Covering.WTI over $50. I was watching BNN yesterday and the mood was like a morgue. Clearly large bets were made and were on the wrong side. The enthusiasm was as if someone had died. Margin Calls will be coming in today and tomorrow to settle accounts at a loss. Proof is WTI over $50 this morning - trying to do a controlled buyback but panic buying will set in. This could last for another week. We could be at $55 by mid December.
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