Twin Butte Energy Ltd TBTEF

RE:RE:No brainer when it goes this low

[konzelmann]

righand2 wrote:

konzelmann wrote:
I always buy TBE when it's down, hold for a while collecting dividends, sell when it starts hitting the top of its range. It's a buy again at these levels.

That bit of wisdom was posted when TBE was triple what it is now. And don't try to claim you sold, as it has done nothing but go down since then.

I misjudged this year how low oil would go and how long it would stay low. I bet if you go back to that date when I said that and look at the current financial statements and do your own valuation calculations with an expectation that oil would recover, you'd also consider TBE a buy. The issue is that oil didn't recover. I definitely misjudged that. I am sure your calls on the price of oil have always been made with 100% accuracy and therefore your buys and sells are always perfectly timed.