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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 > Swing up then sell
View:
Post by AboveBoard on Jul 13, 2023 5:40pm

Swing up then sell

$8.14 to $7.73....41 cent spread.  (Timed better spread btw).  July 11, 12, 13.

Swing play beats the yearly div. again.  3 day sit.  Lol.  

Everyone has their own strategy.  Scary time as when will the narrative switch with the Big Crunch?

Comment by egee on Jul 13, 2023 8:21pm
Naratives, yes such as the wind
Comment by PlutusofCrete on Jul 13, 2023 11:30pm
Easier for me to sleep and get paid my quarterly divy.  With a low ACB built over several years...too risky to go in and out...but this just my opinion. 
Comment by AboveBoard on Jul 14, 2023 11:21am
Interesting ...the other day....posted,at the latest BIR high that a sell made sense whereas others were still bullish and talking the moon?   Everyone has their strategy. A 70 cent swing on 10k shares is $7000.  These plays are not for everyone. A person has to do what they are comfortable with.  Sleep is important.   When people figure out how the world works, how it really ...more  
Comment by AboveBoard on Jul 14, 2023 2:03pm
The stockhouse social credit score plummets once again...by 24 points.  Each time an alternate opinion is posted, my score goes down.  Is this being monitored too by an outside auditor to justify a firing?  Who cares?  A couple more posts and I'll be in the negative territory.  People are brazen till accountability occurs?  Happy investing to all.  Lol.   ...more  
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