Post by
GuidoSan1 on Oct 29, 2021 10:07am
Barkis-Buffoonery-Low Brow Investing-High School Challenges
Barkis, my header subject kind of spells it all out. Looked at your posting history re: BIR - conclusion, nothing really tangible offered, generalized diatribe commenting just to be a part of the board.
In my case I feel my posting history as an investor in BIR starting in January 2016 remains consistent in transition of the times going forward and historically speaks for itself.
As of yesterdays price close BIR/SDE:
BIR has been very good to me twice starting in 2016 not withstanding getting caught in a rebuy lower roughly 2 1/2 years ago. Averaging, patience etc. paid off some 2+ years later as the result.
Profit return BIR on substantial capital investment 2+ years later approximately 167% enduring the pain it took to get there.
In Investment transitioning more capital to SDE from BIR starting 4 months ago to add to my SDE position started 3 months prior, completing soon similar capital, not withstanding a few weekly swing trades so far here is the vedict for me in percentages;
Current paper profit return unrealized SDE=78% as of yesterday's close
Remaining in BIR same time frame etc. unrealized profit appreciation= would less than a 15% as of yesterday's close upon my full exit remaining BIR shares most recently.
Conclusion re: low brow investing = Duh for you. No contest for me for fully transitioning to an undervalued reasonable debt encumbered growing company thru acquisitions, in SDE.
In peers now with many other similar intermediate company's up to 100k BOE per day including BIR, as noted in the repost I offered yesterday using real DD offered (not "I had a look around mentality" as noted by you, lol).
Recently moved to the TSX for full exposure to the markets versus a still excess debt ridden historical under preforming BIR for some time now, which remains to date a major shorts target and general market sector whipping boy stock that management is still attempting to rectify.
P/E currently remains no contest as of today BIR 20ish vs SDE 6ish similar BOE as i have stated previously.
AS Touchdown12 intimated and I agree, both stocks going forward show appreciation value given the resurgence of the sector in general, and although it will always remain a conjecture, who really cares which will get there first depending on one's own investment holdings, sheesh.
IMO, your childish high school challenge has cost you (certainly with me) any posting credibility you thought you might have on this bullboard going forward, especially in a forum of aliases where credibility is in short supply to begin with lol.
Simply, I made a choice for now based on maximizing investing opportunity and profit return, but it in no way precludes me from re-investing in a BIR or any other stock in the future. All who come here make their choices on investing static or new directions they choose to focus on.
There are no guarantee's in any of the legalized gambling stock markets, mine remains for the most part historically technical driven, but when fundamentals are screaming opportunity and on detailed research appear to prove out so, I for one choose not to add that opportunity to my investing portfolio.
So I scoff at the buffon like high school challenge you present, your lack of merit and low brow inability to understand and digest technical and fundamental opportunities, suggests, you are likely of the millenium crowd on the way to be the next investing guru (in your own mind anyway) until you get really burned good once, and then like the rest of us including me, you are not, lol.
Good luck in growing into adulthood I trust you will get there someday, for now off you go to ignore, it has been well earned, cheers.
Comment by
GuidoSan1 on Oct 29, 2021 10:44am
Should read: There are no guarantee's in any of the legalized gambling stock markets, mine remains for the most part historically technical driven, but when fundamentals are screaming opportunity and on detailed research appear to prove out so, I for one choose to add that opportunity to my investing portfolio. Cheers
Comment by
PlutusofCrete on Oct 29, 2021 11:14am
Team - it's time to regroup. No one is going remember these December 31, 2022 challenges....we'll all be too busy enjoying our profits. I want success for holders of all O&G companies. Good luck to all.
Comment by
Beakr123 on Oct 29, 2021 1:31pm
Plutusofcrete, just a stand up guy. What a gem.
Comment by
robert41 on Oct 29, 2021 11:14am
Guidosan1 can you comment on SDE's hedges from what I can see they have 41% of production hedged in 2022 and 42% in 2023 and 44% in 2024. This would seem material should O and G prices stay high. Birchcliff on the other hand is currently un hedged. I like the size of SDE's float but the hedges would seem like they are an anchor. Time will tell. Thx for any insight.