Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s): OBE

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... see more

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TSX:OBE - Post Discussion

Obsidian Energy Ltd > Any help out there...

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Post by kavern23 on Nov 10, 2021 9:55am

Any help out there...

I am trying to keep this above 5 bucks...but f*ck me lol....

What fun...

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Comment by Tim14235 on Nov 10, 2021 10:29am

I got ya. Another $50k for me. And every dime it goes down! Any drop at this point is a gift. So undervalued. We are look at 29k maybe exit 2021, and 88M FFO in 4q. If oil prices stick around for q1, we are so much higher than where we are. When debt is going down, and production climibing, there is only one way for equity to go! ...more

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Comment by kavern23 on Nov 10, 2021 10:49am

It is such a gift. I am going to back off buying and see if I can get at under 4.85 if I stop bidding.

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Comment by kavern23 on Nov 10, 2021 10:52am

Like clockwork we sink to 4.85 when I back off buying. I tested...iceberg man. Becareful buying. Obe hasnt found a bottom today.

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Comment by Tim14235 on Nov 10, 2021 11:02am

When he is done it will shoot back up hard so happy to take it down in increments and get an average position in. Short interest shot up so that makes me think if they do not take this opportunity to cover, then it might just be them trying to put their position back into the +

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Comment by Tim14235 on Nov 10, 2021 11:03am

broken english and bashing has showed back up on the Y! board so tells me again shorts are back in and playing. Offering gave them that opportunity.

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Comment by kavern23 on Nov 10, 2021 11:15am

I am just thankfully to be slowly unwinding oil short....almost done. That oil inventory report wasnt that bad...WTI will hold 80 plus...traders will get back into WTI soon. Smart. Obe will be back over 5 bucks soon enough.

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Comment by Kramerkarma on Nov 10, 2021 1:15pm

I can help very soon....not today but next week probably

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Comment by kavern23 on Nov 10, 2021 1:20pm

Right on friend. Be very careful with IPO...

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Comment by SchoolNmoe42 on Nov 10, 2021 3:06pm

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Comment by kavern23 on Nov 10, 2021 3:42pm

Just ok Moe...left some money on the table. Prob was a hour too fast on some. Fairly happy with OBE purchases today at price points.

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Comment by Kramerkarma on Nov 10, 2021 8:17pm

how much $$$ I needed to squeeze OBE?

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Comment by Tim14235 on Nov 10, 2021 9:14pm

2x offering size should do it.

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Comment by Tim14235 on Nov 10, 2021 10:58am

Yes, tough to get the shares you even want on the ask. Tells me we got a walk down here or some shorts playing games. Both welcomed. We close PR and WTI Q4 stays >80, come Dec 31st we will be smiling. 1.5 months of 3 down > 80

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Obsidian Energy Ltd