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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > Morning...
View:
Post by kavern23 on Jul 13, 2021 2:17pm

Morning...

What a first hour of trading today...someone sure was trying to knock obe down....

I have a serious margin call if OBE drops below 4.20 (thought that was good cushion for a drop).

Happy to see the share price strengthen.

Once Q2 is released I doubt we drop below 5 again.
Comment by kavern23 on Jul 13, 2021 2:57pm
Sweet, if OBE holds over 4.60 I will actually gain buying power for tomorrow. I suspect the little retail investors that exist and are still left  in the canadian energy...the majority use abit of margin. The market is still fragile...I think anyone buying any energy stock should do so with the ability or means to average down.  Having ability to average down is so key right now to ...more  
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