RE:RE:I will try to save you all a lot of troubleLOL, Burger not looking for anyone to take sides in the discussion I personally made up my mind on Barkis some time ago and he continues to prove my decision on what he stands as correct and why he is on ignore no matter what he just said.
All sector stocks should do well on continued commodity strength potential full recession haircut aside some just better than others using financial metrics current stock value to full market cap potential, fact. Take any 2 peer companies for comparison not just BIR and SDE and pluck these simple number metrics in to determine share price value on production market cap.
At current 50k (based on current commodity prices EV per flowing barrel financial metrics peer to peer comparison there was simply no comparison for best profit return potential BIR vs SDE in this case, sorry to Barkis. Started for me when BIR was $6+ and SDE was $4, hence the core transition a no brainer based on numbers I provided to the board now and in the past .
Big money late to the party missing the initial boat on sector generational resurgence, but money still pouring in to the sector, of course under valued stock plays remain prime targets as first choice of course in IMO.
Think about it, a close privately owned and managed fund friend tells me the S & P 500 oil and gas sector market cap "Combined" is still far less than the market cap of Apple alone (2.42 trillion dollars), wild to be sure!
To each his own, in my case as market caps get closer now to full cap potential on current production and yes with consideration to future production potential no matter what the stock is, I prefer 2 week to 2 month swing trades on partial position held and why I continue to dabble with BIR (with no core position) buy on weakness sell when entering overbought and will soon begin same philosophy with partial SDE as current full market cap gets closer to being realized and debt disappears.
Using 10k shares as example and although it's work I personally like 5 to 10k profit trade potential on 2 week to 3 month time frames (given continued commodity rise or strength) versus the sit and hold for $200 divvy returns similar time frame used and a paper profit not realized, no contest for me.
As we all should know easy to buy into stock, not as easy to sell when ready and everyone is thinking the same thing lol.
I like to think I have built a small circle of now trusted friends I respect unmasked thru initial private messaging over many years thanks to Stockhouse bullboards I'm not adverse to putting my real self out there if comfortable on private contact. I have met all at one time or another spread across Canada with one now living in Gibraltar (no tax considerations there lol) in person over the years, all good decent people IMO I have found.
Lastly we have identified our next possible undervalued company in the oil and gas sector when finished with or reduced core position on SDE, if you want to private message me and I am comfortable you are a genuine person unmasked too I am willing to share it for your own DD consideration and a possible entry point on technicals to consider taking a position in. Currently we have none in this potential company.
As to Barkis he has already stated behind his moniker fascade that he is a loonie for all to see in a past exchange with me, sad jealous fellow or company schill you decide, too bad so sad for him,
Cheers.