Obsidian Energy Ltd T.OBE

IIROC Trade Resumption - OBE

[Betteryear2]

TORONTO, Nov. 3, 2021 /CNW/ - Trading resumes in:

Company: Obsidian Energy Ltd.

TSX Symbol: OBE

All Issues: Yes

Resumption (ET): 8:00 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

https://www.newswire.ca/en/releases/archive/November2021/03/c4961.html

[kavern23]

Obe traded at 4.80 on a bad oil sentiment day like expected lol with likely 5 if oil improves today... Missed chance to buy shares at 4.65 as trading was too fast and no money to get at fast...lol need 20 mins. Hopefully oil inventory report is bullish at 8:30...gl all

[Tim14235]

Yes, it was a glorious opportunity and glad I got a bunch in the first 5 minutes.    The tutes may want it cheaper for the offering but it aint going to happen.  Tiny offering is being marketed by two houses in two countries.  They will be heavy competition on the bid.  In the meantime, tutes willing to pay, who see the merits of the transaction, will buy open market today

[WanTBe1]

Just a short pause today. Than off we go again. Higher than before.

[SchoolNmoe42]

This post has been removed in accordance with Community Policy

[Tim14235]

it is back again.  count me in for some more.  

[Goldenwest]

Grabbed another handful at $4.69...anything below $4.70 feels like a gift. 

[kavern23]

Drinking coffee and waiting patiently..... Until mid Nov and this closes....my move is going to have a trading position along with core. I did this in Oct with OBE...buy under 4.65 and sell over 4.90...or what "trader instinct says from market depth" Currently at 4.70 and I dont think rush today...I want to get it at under 4.62 today so I wait. Ironic thing lol is other stuff in port

[Moemoney42]

Even better for those of us that got in at a 12.9% discount minutes ago.. ;-)  ;-)  ;-) 

[Moemoney42]

And even better at 14.02% down now... ;-)  ;-)  ;-)

[kavern23]

Let's not get cocky Moe or the stock gods will punish us lol... Not going to be a good thing if we break 4.55.... I have archers left but f*ck lol.  I got decent batch of OBE already today. Hoping 4.60 is defended.

[Moemoney42]

Not to worry Kavern.. just giving my troll a bit of his own medicine.. LOL.. its all good.. just bad timing for a press release by OBE.. the market should digest it by weeks end and the price should be higher.. no guarantees.. just the way I'm reading it short term..  ;-)

[JohnJBond]

Right about now, the new share offering will be getting priced.  I don't' know how they are doing it. One way would be to set the price at the closing price on a given day (when you do that, you have to be able to place all of it before that closing price date).    When this happens, there is an incentive to those who have agreed to buy, to sell shares on the open