Twin Butte Energy Ltd TBTEF

RE:Might as well just forgetabout oil stocks until

[bshort92]

If you seek to call a bottom in oil and oil stocks you must seek out information. Gather the data, filter out the hysteria, project out six to nine months, calculate the risk reward aspect and then make a reasonable decision that you can live with the consequences both good and bad. I called the bottom and got villified by some. Go figure. They were wrong! A FP article today citing an opinion from a TD analyst mentions the overselling of oil stocks in the WCSB saying that much of the selling is overdone due to pessimism caused by an oversupply of oil on the market. Mentioned in the article is BTE, PXX, SGY, LTS,TBE and a  few others. Data suggests that much forward projections are often misleading and downright wrong. if you believe that analyst then a bottom might be forming. RRX's Neil Roszell in the Calgary Herald today mentioned a bottom basing in  WCSB oil stocks by October or November. At that point the have's will be poised to pick off the have nots. Not sure how TBE factors into this predicted eventuality. At .30 a share it may continue to go lower then again one persons trash is another persons treasure.