Bonterra Energy Corp T.BNE

Automatic Computer Trading

[bandit69]

This am so far:

~20000 shares traded at avg. $11.15/share = $227181 worth of shares traded.

shares down .41 (as of writing) .41 x ~35,647,617 shares outstanding = $14,615,522 in marketcap drop

Bullish oil inventory report.
Oil + US $100 WTI

Gotta love automatic computer trading with an illiquid stock with no ROC on the table.

[churchofnutsacc]

I agree but this is true for every oil and gas stock at the moment. Nearly every oil stock has the same looking intraday chart. The algos are in charge at the moment, I just keep buying when I can.

[bandit69]

Yes, they all seem caught up in market volatility.  The BNE sell today is low volume so it's nothing really but still, that low volume of a few hundred K worth of trades is able to drop the marketcap by millions.  Ludicrous. Supremely bullish EIA inventory report today but oil drops.  Lol.  The Fed is screwing this up royally in my view.  All the Fed jawboning