RE:Must hold above $5.71 I don't know how much space is really available on the low end of the range , let's face it , none of these O&G stocks were every fairly valued (let alone overvalued) . Its hard to be negative on companies already trading at 2X or 3X cash flow . I know there is still hours of trading left today but I am wondering if the deals some have been looking for are even in the cards , time will tell .
When you start looking at assets and property , Eagle Ford , Viking , Duvernay and the Clearwater give BTE a full suite of products from light to heavy and nat gas . Fear is easy to peddle but good DD will immunize the holder from this media driven panic .