Twin Butte Energy Ltd TBTEF

Market sentiment

[bshort92]

If TBE reports a decent Q2 the number will be ignored tomorrow. Fact of the matter is whatever TBE did or did not do in the past is now useless data. WTI is going lower probably to the low $30's. The whole energy sector is now dead money not just TBE. It may be worth analysis in another year or two but more now it is toast, the issue is univestable. If you believe Wollmann can re invent this firm (he has no track record of doing this in the past) it may be worth a flyer later on but for now energy firms are toxic. The first ones to recover will be large, diversified concerns then large regional players. TBE as a small regional is thus going to be a highly speculative borderline gamble that is run by a third rate board  who are not sufficiently invested in the stock. They have little material incentive or motivation to get this firm righted and profitable. You can do better with others with better upside and less risk by aligning with better quality directors.