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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.


TSX:OBE - Post by User

Obsidian Energy Ltd
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Comment by makedonkaon Nov 02, 2017 12:37pm
81 Views
Post# 26895037

RE:Profit taking????

RE:Profit taking????
mohammedahab wrote: A smart poster said here OBE is a good spec under $1.  When it ducks under a dollar buy, set a GTC sell poit at a price 10%++ above your buy in price.  If there is profit taking today it is confiormation OBE is a penny spec play with traders bailing @1.15.  The Seeking Alpha article choosing $1.35 a an absolute top appears to be acurrate


That smart investor appears to be the one  doing the"ducking" !
 
Your guru should stick to FICTION writing. Lol

By the way, getting back to the Chichen industry, have you ever heard of the below expression :

"Ckickens Come Home To Roost"?

https://www.dictionary.com/browse/idiom


 

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