Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.


TSX:BNE - Post by User

Bullboard Posts
Post by CashGreenGoldon May 16, 2019 5:01pm
62 Views
Post# 29753126

RE: Blackdog - Short Trades to mid may

RE: Blackdog - Short Trades to mid may

Thank you for posting that Black. Aside from over 41% of trades being short, there's a key insight on the data that lends insight into the manipulative nature of the scheme.


41% of trades were short, yet less than 35% of the volume. 
For a stock where the average lot size is already low due to the restricted liquidity we have here, that spread is quite telling. It means the predominant short trade is small lots, the 100lots we regualrly see.

While the inverse is also true - buys are done in size and thus less trades, more volume.

The data paints the picture of the manipulation, specifically supression, by large interests that we see in the trade action.

The 100 share splash on the bid, usually when there are weak bid sizes. Which for a stock like this, is often. Hence the whole attractiveness for BNE and this strategy, like certain other lower volume, low float names. 

A 100 share lot short algorithm that monitors bid strength and generates opportunistic sell lots isn't something you would expect from retial, not to mention it woud normally be such a commission intenstive strategy on most' platforms.


**OT - This platform has been broken for me for several days now, and can't respond to posts without making a new topic, the reply button gets covered with an ad. Anyone else having this problem?
Bullboard Posts