Bonterra Energy Corp T.BNE

Kind of Crazy

[Helloworld]

Divergence between large cap and small cap in oil space is getting nuts. 

Large cap all holding up relatively well while small cap are just being demolished. 

BNE results looked pretty decent to me and down 4% on the news.. 

Don't own this but own similar stocks performing just as well as BNE. 

Glory days of 2021 and early 2022 long gone. 

Now just pricing in bankruptcy.

[PlutusofCrete]

If I want to exit the stock...given the low volume...do I have to put my ask much lower than the bid?

[B767driver]

No  The level 2 quotes aren't really reflective of the actual bid/ask. Just a piece of it. This is because you only see the tip of the iceberg. The market makers do not reveal the true quantity of the bid ask as to not show true resistance and support. Otherwise traders could manipulate the price easily. Don't put your limit order in under the bid, ever. You would ultimately end up

[PlutusofCrete]

Thank you for the feedback - glad I didn't sell...small recovery in price. 

[TheRexmember]

Actual volume can be quite a bit higher when the dark exchanges are included. 

[baranja]

It is not down on the news,.. it is just overall s*it show in oil and gas futures market trading.  All Canadian oil stocks relentelessly pushed down.