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NORTHERN BLIZZARD RESOURCES INC T.NBZ

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."


TSX:NBZ - Post by User

Comment by patenright111on Feb 04, 2016 3:16pm
94 Views
Post# 24525390

RE:RE:RE:Down 10% on Zero Volume

RE:RE:RE:Down 10% on Zero Volumeactually come to think about it, nbz does seem less correlated to daily oil movements than many other oil stocks I follow ( likely due to strong hegdes) that said it rose from 2.7 to 4 when oil rose from 26 to 34 so in bigger time frame it is correlated. and yes trump , much of float is tied up with a few big investors. I know moodys cut their bonds yesterday so perhaps that is why it is down, but I don't think so. and ya could be they are going to buy a company or be bought, I would think the former is more likely and then again who knows why it is down, sometimes there is no reason.
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