Post by
integrity11 on Feb 10, 2022 12:04am
Birchcliff Will it Make $8 This Week?
Great report today by Birchcliff. That debt paydown is amazing. Like all of us except a very few shorters i am hoping for a positive share appreciation tomorrow right through to the Q1 report release. There will be ups and downs due to the general market, but overall the company is looking great.
Comment by
robert41 on Feb 10, 2022 1:02am
Let's start with $7, I'd be happy with that. Decent report as most thought 30 million wasted on buy backs would have been better used for debt repayment I think. $8 this week is pure fantasy maybe if gas was trending to $5 but that ain't happening. They had a great year they need one more then it's easy street and hopefully a dividend that makes sense instead of what we have now.
Comment by
RusticHit on Feb 10, 2022 10:54am
As i told before this is most frustrating stock in O&G sector every thing Up n Green in sector while she is bleeding 3-4% and could go down more if markets took plunge shorts love this
Comment by
Barkis on Feb 10, 2022 11:15am
Thats ok - the feeling is mutual - I love the shorts back