Post by
Chefboy69 on Sep 30, 2021 12:13pm
I hope this move
will continue..
When oil was $80 per barrel this stock was a $1.00
Oil is heading to $80
Comment by
jacek99 on Sep 30, 2021 12:39pm
I agree with your sentiment. This company is a survivor and they have not diluted much. A lot of companies in this business have folded, so I think margins will be better then they have been in the past with less competition. With oil prices going up, BRY should be a solid hold for 1-2 years.
Comment by
Chefboy69 on Sep 30, 2021 1:24pm
agree 100% it has survived and has NOT DILUTED at all the stock is VERY tightly held and if you want shares you haveto buy the ASK bids rarely get filled. once next Q is reported and the market see's whats up the share price will move up...the market is sometimes very slow and sometimes too fast with the predictions it makes good luck
Comment by
jacek99 on Sep 30, 2021 1:52pm
Yes market very slow to react. Market cap under $5 million and revenue could be at least 10x that, with the company being profitable. Huge disconnect.