Twin Butte Energy Ltd TBTEF

RE: RE: RE: final 30 minutes

[bshort92]

Mud: TBE reported a $3.3 million loss for Q2 or .07 cents a share. They did not drill a well in that span...obviously due to depressed NG prices. The spike of close to 1.5 million shares traded at the close was strange. Everyone knew the Q2 numbers would be putrid. Is this what happens when the numbers were not as bad as anticipated and that the lousy quarter is already baked into the share price? Seems like sellers had no problem filling the buys and a ten % + lift was added on today. But what about tomorrow? Does the uptrend continue? Or is it just another slow burn back into the low .80's maybe into the .70's?  Shoulder season kicks in soon and NG demand wanes as warm east coast US weather surges  Ng demand but soon craters back and prices stay under $4. Its bad enough that US politoco's are believing they can tax and spend the US economy into prosperity but a super weak NG macro just keeps lingering...probably until November. I see nothing happening until then unless TBE wants to buy or sell. Is this the time to do either?