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Bullboard - Stock Discussion Forum Birchcliff Energy Ltd T.BIR

Alternate Symbol(s):  BIREF

Birchcliff Energy Ltd. is a Canada-based intermediate oil and natural gas company. The Company is engaged in the exploration for and the development, production and acquisition of oil and gas reserves in Western Canada. The Company’s operations are focused on the Montney/Doig Resource Play in Alberta. Its operations are concentrated in the Peace River Arch area of Alberta. The Company has a 100... see more

TSX:BIR - Post Discussion

Birchcliff Energy Ltd > Well, who added more today?
View:
Post by plumpyone1 on Apr 25, 2022 10:32am

Well, who added more today?

I added a few more shares @ $8.65  I do not know if the share price is leading the commodity or if it's panic selling. Nat gas up so far today. Such a cr@p shoot but if you don't play you can't win. (or lose LOL)
Comment by PlutusofCrete on Apr 25, 2022 10:40am
I added another 500 shares at $8.66 open price.  I have other orders in at $8.43 and $8.15.  plumpyone1 - (4/25/2022 10:32:44 AM) Well, who added more today? I added a few more shares @ $8.65  I do not know if the share price is leading the commodity or if it's panic selling. Nat gas up so far today. Such a cr@p shoot but if you don't play you can't ...more  
Comment by Barkis on Apr 25, 2022 11:03am
Still have a wee bit bit of indegestion from last week Will wait till I see the white of her eyes. Captain Ahab. https://www.youtube.com/watch?v=NMPW4R727QQ
Comment by TouchDown12 on Apr 25, 2022 11:44am
In for some more just now. Looking forward.... period! 170 days till Oct. 15 when early W/D from storage could be happening in US and CDA based on LNG exports to EU... and Biden's 5B/day promise to EU. TD12
Comment by Barkis on Apr 25, 2022 12:28pm
You may not have to wait until October for withdrawld TD. July/Aug builds are usually razor thin lately. If an extra 5bcf/day goes to Europe then summer withdrawls are almost guarenteed. Summer withdrawls  have happened before in years past - and when they do they  are usually one of the top stories on  the evening "news". By then I figure natgas will also become a ...more  
Comment by TouchDown12 on Apr 25, 2022 12:55pm
Excellent Analysis Barkis! I have to say - I have never bought BIR with less fear.... always a little but not much right now. Beyond analysis - maybe gut feel? Gut feel is not a strategy - but it is does have a role in self-managing a portfolio. Not for everyone but it seems to work - at times like today's risk-off trade and coupled with some heads up critical thinking. I look forward to ...more  
Comment by Barkis on Apr 25, 2022 2:43pm
Re: Gut feel Dunno - Could be. Could be just  watching the tape closely on Natgas futures like a dog watching his masters every movement closely and learning what is next on the day's agenda. Something like this might help too long with your favorite relaxant/stimulant. Coffee works fine for me and the health risks are minimal. https://www.youtube.com/watch?v=51oPKLSuyQY
Comment by 7Twiggy on Apr 25, 2022 12:31pm
Think it has more to do with Money Mangers playing games before earnings. All my names are in the red not just natural gas plays. I think higher prices are here to stay, at least for the short term. Think all this talk about hedging just a red herring to shake out a few investors. Hedged or not, IMO in this environment. all natural gas stock will do very well. A lot of companies will be posting ...more  
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