Post by kavern23on Jun 03, 2025 8:57pm
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Post# 36596662
Professional team…
Professional team…Very top notch professional for Obe to press release this before Stephen talks tomorrow at rbc global energy conference.<br /> lots of retail investors...can'tt be at that conference or hear it easily...good info is press released make it even playing field.
my thoughts are well..very good news...but I expected and had a hunch things were going very well by the share buyback being so ruthless.
I usually have an opinion on Obe share price movements and I am blank right now...at Obe close price of 7.15 it obviously takes a run for 7.50-7.60 range or drops to 6.0-6.85 over time.
this news and if oil is up 1 or more tomorrow I think for sure test 7.4 and up...even 7.60 if 2 dollar up oil da. Lots of pent up good news for Obe from kern acting like a boss man director to buyback to drill results to this is very over shorted.
If oil inventory report kicks us in the nuts well a bad enough report and sentiment Obe could test below 6.95. But I think this news save Obe from going below 6.80 no matter how bad oil gets