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Twin Butte Energy Ltd TBTEF

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Bullboard Posts
Comment by ohbehaveon Aug 11, 2011 9:36am
219 Views
Post# 18930185

RE: RE: RE: RE: RE: RE: RE: RE: Bshort

RE: RE: RE: RE: RE: RE: RE: RE: BshortAs per SB's comments bshort is consistently pumping then bashing this stock most of the time neglecting market fundamentals in the process. While bshort clearly understands the retail markets, the amount of time he/she dedicates to this particular stock combined with the constant flip flopping of opinion is nothing short of suspicious.
As for TBE the stock is undervalued but sadly it was undervalued  2 years ago when "former chairman of the board" Saunders backstabbed his own management team and opportunistically took control of the company during the last market meltdown. Moves like this one and past deeds at shops like Prairie Schooner (that management team dumped him to start their own highly successful ventures  at Wildriver and Wildstream) have gained him an untrustworthy reputation in the industry and the public markets and he remains the biggest impairment to TBE. "Birds of a feather" as the saying goes is why pumpers, dumpers and scammers like bshort are following Saunders companies and making suspect posts. 
Sadly for the longs that were in this thing before his time if you look at the facts, while Saunders has increased the oil weighting and total production of TBE he has also ballooned the corporate debt and share count to the point that very little per share value has been created. Add in Saunders track record and the fact that both he and the current management team are the only real winners at this point having loaded themselves with cheap stock in the process and the larger market has good reason to remain skeptical. Might have something to do with why this stock continues to underperform.  
Bullboard Posts