Twin Butte Energy Ltd TBTEF

Year end

[bshort92]

Because the shares traded down to $1.60 this year one can expect to see end of year tax selling to last the duration of this year over the next three weeks. Expecting the shares to trade sub $2 as a final capitulation result for the year by 12/31 wll crystallize. After that it is a guess to assume the shares can rally. To reiterate the retail investor is going to get slammed by the volatility as the big dogs will decide where the shares go. Lots of bullish analysts are window dressing saying the shares are a buy when in reality they are dumping on every uptick like what BMO did today.The Raymond James TBE analyst says the price target is $3 and the Black Shire acquisition will help as will the restructuring of $85 million of bank debt into 6.25% yielding debentures. But right now no one wants the shares and that will stay the trend the balance of 2013.Happy Holidays will check in next year when the shares go on sale under $2 maybe $1.90.