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Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

Bullboard Posts
Comment by tinman8on Feb 05, 2011 1:14pm
324 Views
Post# 18081552

RE: RE: RE: Seems to be a bit on the decline

RE: RE: RE: Seems to be a bit on the declineAgreed rozelli - I think we are on the same page as I reduced my holding by 25% at $5.29 in anticipation of the market needing to absorb the recent sharp rise and for a period of consolidation.
From my perspective I feel it would be very risky to become too short on the stock for the reason you give - a possible buyout - or indeed a very bullish news announcement from the company, which could come at any time.
I am looking for the right moment to buy back my original 25% reduction and quite possibly a further 25% purchase on top of that - that would increase my holding still further.
GLA   
Bullboard Posts