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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 > good ole Friday
View:
Post by kavern23 on Dec 10, 2021 10:47am

good ole Friday

What a scrambly mornimg....

I wasn't planning on doing anything today.

But I seen Obe trade at 4.55...and oil is up....had to leave the eggs and bacon to fry.

I don't get why someone would wait to sell today at 4.55...when they could get 4.67 yesterday?
It kinda f*cked.  Or it is that shorter taking advanatge of no market depth.

But no money. Thankfully someone put a massive bid for 50k of YGR at 1.49 so I could dump alittle at break even to margin more OBE at 4.55.  

Another 6000 of Obe for the pile at 4.554..

I noticed as soon as I bought it went to 4.58....like the shorter get's angry the minute someone stands up and says f*Ck this and f*ck you.  4.55 I will defend.
Comment by Tim14235 on Dec 10, 2021 11:04am
Yes, shorters programs are on.  Low volume makes it easy for them.  Joke is on them because once real buyer shows up and wants a real portion, the thing will shoot up.  There are no shares cheap to even allow them to cover.   Just digging their hole deeper.
Comment by kavern23 on Dec 10, 2021 11:30am
I can't even leave this morning lol.  Just got another 4900. Started at 4.51 and I walked er up to 4.53.  100 left to fill. At 4.51 I cant resist, people are sleepin still
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