RE:RE:RE:RE:BTE LEVEL 2 - 830 AM HWX and MEG
Kelvin wrote: I agree Sugaree, The fear mongers on this board can also see level 2 and see that the market makers are putting a lid on upward momentum, probably because if they let the sp free then it would climb to much higher levels because the macro conditions exist for it to do so.
So the traders here fear monger in order to scare people into selling them their shares at a discount. The short sellers add to the fear mongering because, of course, they want the sp to go down.
Anyway, off topic, and I know inappropriate for this board, I'm looking for some undervalued small cap heavy oil producers. My own research leads me to believe that heavy oil, even if it's sour, will fetch a great price in the coming months. Macro events lead me to believe that. I want to map the macro onto the micro. The micro being defined as small Canadian companies with solid balance sheets, who are unlikely to share dilute because their fcf will be growing. Please pm me anybody who has any suggestions. I've found lots of small producers, producing by water flooding decades old formatios like the Cardium but I think that's medium to light oil. I want heavy oil. Thanks in advance!