Bonavista Energy Corp BNPUF

RE:RE:RE:RE:With 30 Minutes To Go

[sevushka]

Snowhouse wrote:

sevushka wrote:

Snowhouse wrote:

bonjovi501 wrote: BNP has to be the worst perfroming today as we are up  1.57% where as other NG stocks up 6% or higher. Maybe a late day push coming but so far we have sunk to lowest share price of the day when the Energy Index is up over 4%  Lets hope we have a late day surge.

Exactly.. Very Poor performance. Something does not look good here. 
And if the CR and PONY's of the world would fall 5-7% in next couple days, BNP would lead that chart again in the downfall. 

I could have made so much more money in any other NG stock. CR low was 1.37 and a recent high of 2.15 something... wow
BNP cannot even close above 1.30...   Something brewing/

Nothing is brewing, technicals need improve before a significant move to the upside.  Simply fell too hard recently.  Once we finish consolidating, we will see 10-15 percent a day moves to catch up with the rest of the sector.

What you can do is take advantage and trade back and forth while remaining long on the sector.  Canadian nat gas is beyond cheap, clearly reversing and has a long way to go before it reaches its fair value.

Sevushka,
Thanks for your optimism and input.
I am afraid of trading my position here. In the past, I have always lost when I have tried trading back & forth. Whenever I had sold in the past, the stock price has zoomed and I have to let it go from there. BNP is my one of the favourite and I have 100k + shares accumulated. I don't want to let it go by trading for pennies. Better I will just stop looking at the price hour by hour and will check once in a day until it hits $2.

GLTA.

I have PONY, PEY, and BNP in the canadian nat gas sector.  When PEY was at 10, I sold some BNP to buy more PEY.  When PONY initially crashed, I sold some PEY to buy PONY.   Now, I sold some of PONY and PEY and bought BNP, so it is currenly my largest holding.  This strategy protects most of my money if one of them goes belly up, while still captures all the move to the upside.