Kolibri Global Energy Inc BNKPF

Bullish!

[Panama4sure]

up we go now...

[radioguru22]

More like Bull$hit....can't believe how this thing is being manipulated.  It had no business going down to .20 cents.  It has no business being at .28 cents.  It should be trading at twice this price if not for all this manipulation going on.

[auburn2]

Really think so? Production is really low. PDP is low, 1P is low. It's tough to build production when you're capital constrained and it's expensive just to keep a flat production profile. It's interesting though what a 20% move in a stock price does to sentiment. Suddenly the stock is dirt cheap, too cheap, and needs to be twice the price, but before this move all you hear and

[radioguru22]

hence my note on the manipulation of the stock creating this BS fear with us, the little guys.  I bought a bunch more at .28 before this drop and even more at .20.  This isn't going to zero.  You do realize they purposely capped production in 2016 due to the price of oil and to conserve the cash right?  2017 will be a growth story for this company and stock with new

[auburn2]

I've found it wise to shuffle between outperformers and underperformers. With TGZ and TMM I've really magnified my returns by selling when one is outperforming and buying the other. The same should apply here with MEI and BKX. Historical performance shows that they follow each other quite closely. If BKX hits 30 cents while MEI can be had at 14 cents, that'd be a really nice shuffle.

[wittmann]

 Auburn I'll be blunt here .Nobody cares about MEI..just you.To compare the two is utter nonsense.This is the BKX board.A bit of cross referencing occasionally is fine but you seem to need reassuring about MEI.You won't get it here .Nobody cares . As for new posts recently ,good to have some fresh posters.But aside from Broker Himmler and myself it's nothing new for us We've

[auburn2]

witt, my BKX position is several times larger than my MEI position. More than 5X larger to be accurate. But I dipped my toes into MEI and am looking to add more there. There's nothing wrong with comparing stocks in the same sector. They're both micro caps at this stage. Corretion here: the PDP is very low in BKX, but the 1P, proved reserves, is about the same as MEI.