RE:A lot of people bailed at $6.00riski wrote: $6.00 really scared a lot of people last week including some longtime posters. Congratulations to those who can see through the noise and hold on. Welcome new investors at $6.00. You are going to love your double over the next year.
I've been through 50% drops in BTE share price many times since it's rise from 30 cents in April 2020 (I owned it before that too, so my cost base is actually $0.47). Junior oil and gas never goes straight up. Hold on and you will be rewarded.
I can't imagine how gross that feels to sell this and watch from the sidelines. Brutal.
Remember that chart expert a few weeks ago who called a massive head and shoulders pattern for oil and was predicting $60 oil by now? What happened to him? Probably buying tech stocks, down 5% yesterday alone. Lol.
Could not agree more Riski ...The Macro is our friend with regards to supply and demand ...but it will continue to be volatile for sure ...