RE:RE:RE:RE:RE:RE:RE:More Insider Buying on Friday in TETOilGasInvestor wrote:
Yep - and I'd like to be able to time this thing at the bottom to get back in. Love the insider buying however the tough part is trying to time commodities......I believe that until we see a material change to the forward price curve or a large transaction in the Duvernay (TET or someone else) this stock has the potential to remain low for some time (as do others in E&P space).
I am invested, but also trading it daily. I am trying to swing trade the volatility down here. I am keeping a core position and I usually have one position in cash for a big swing down. I will add if I see a catalyst moment for oil prices. I don't see it yet, so time to wait still. If I miss this one I think I will have all kinds of time to catch a huge rally in BTE, as it is getting slaughtered. When the shorts get squeezed over there, it will huge gains. I think there will be time to get in, once we see something change. Oil one day will go up $3 to $5. That will scare the sh!t out of the shorts.