Post by
Unlucky13 on Jan 14, 2022 10:59am
Beyond frustrated
So yes oil bounced back to $83, it had dipped to $82 briefly this morning, this is up only 6 cents though. Does this excite you? $4.50 at $85 oil and maybe $5 at $90 oil. Am I the only one who is beyond frustrated by the lack of share price increases with such incremental jumps in oil. Sure seems like a lot of profit takers at these levels. I think $5 is real stretch to maintain given the recent trading.
Comment by
Spanito on Jan 14, 2022 11:09am
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Comment by
Unlucky13 on Jan 14, 2022 11:24am
I think it's the dilution and the only way out of this mess of a share price is to buy back shares. That's going to take 12 to 18 months before that can happen. Also the hedges are beyond terrible and that's really holding back the stock. Management has been firm that until debt gets down to 1.2 billion there is no reprieve from this suppressed share price.
Comment by
BayStreetWolfTO on Jan 14, 2022 11:45am
I can't vouch for the rest of the points but Clearwater ramp...YES! see my latest posts Debt clearing...YES! Perspective $80 for a week is $12M FCF....,each week
Comment by
topdown99 on Jan 14, 2022 12:06pm
van60 , you are wasting your humor on that dunce although it made me laugh . I am spending more time watching crude and the political tensions (re:Russia/Ukraine) going on in Europe . Any actual hostility like shoots fired or troop movement would boost oil above $100/b and send O&G stocks to new levels . Talk about interesting times !!!!
Comment by
Cobalt on Jan 14, 2022 12:11pm
Ya they got hit with a massive cyber attack , time table would be after the Olympics , Russian's do very well but before the spring bring the thaw aka Mud or do they wait for GOP to sweap the Mid terms hmm
Comment by
Maxmoe on Jan 14, 2022 1:15pm
Dear new guy to bte board. You have to put this guy on ignore like most of us have. He's a fraud and it just pizzas us all off if you respond to him, quote him, or even mention his name. Ps he has more than one alias. You'll figure it out, or stick with your uranium stocks.
Comment by
topdown99 on Jan 14, 2022 1:17pm
More important Max , WTI is now trading at $84/b , cha-ching !!!!
Comment by
Cobalt on Jan 14, 2022 1:39pm
Looks like we have war premium , Oh my, Biden you should be talking down Oil not telling us Russia is setting up war if talks fail , how to hand the GOP a land slide /popcorn
Comment by
Cobalt on Jan 14, 2022 1:40pm
war premium creeping in *
Comment by
investmenthound on Jan 14, 2022 1:55pm
Amazing that not one person in the Biden Admin, could not figure out releasing SPR is long term bullish on oil. All that oil has to be replaced at some point. Go Brandon
Comment by
Spanito on Jan 14, 2022 4:16pm
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Comment by
Nothingmatters on Jan 14, 2022 6:18pm
This maxmoe giy is a fuking retard...quote=Spanito]Deam Maxmoe you POS, why don't you look at all my posts. I started investing in VET, BTE, CVE, & SU before you even knew how to wipe your A$$. Idiot Below is an example of me on BTE back in 2018: https://stockhouse.com/companies/bullboard?symbol=t.bte&postid=28599801 Spanito [/quote]
Comment by
deepblue on Jan 14, 2022 6:39pm
Yes he is. I know him he's just and cluelesd old geezer.
Comment by
Cobalt on Jan 14, 2022 12:03pm
You need to stop you just done get this game when a stock is up 400% in 1 year it takes time to back and fill for the next run then we have a guy talking SU as a comparison +50% one year LOL
Comment by
Zmonster on Jan 14, 2022 2:52pm
This post aged lIke milk. Up almost 4% now. You are a fool and need to give your head a shake. I hope you like eating your dirty shorts idiot
Comment by
Unlucky13 on Jan 14, 2022 3:09pm
Will it hold? See you are excited about $83 oil and $4.40s. I think you are in the minority. This should be much higher at this oil price. Maybe lucky turtle is right, $5 at $200 oil.
Comment by
luckyturtle on Jan 14, 2022 3:06pm
Think we'll see 5$ @ 200 oil LOL
Comment by
dandu1924 on Jan 14, 2022 3:25pm
If I got that $5 add a 0=$50, not bad for the long shareholders. Just hold on.