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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
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

Twin Butte Energy Ltd
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Comment by bshort92on Mar 13, 2012 11:06am
440 Views
Post# 19662247

RE: RE: Shorts

RE: RE: Shorts

The market has pretty much derailed the whole E&P industry. TBE's enticing dividend payout is not getting much buying attention. At some point continued downward pressure in the share price is going to compel TBE to reevaluate the "sustainable" model. Pretty clear the short sellers are controlling the share price and that is a negative to investors.Why invest in an outfit paying 7% if the shares are susceptible to 20% meltdowns?

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