Obsidian Energy Ltd T.OBE

Good Day!

[Kramerkarma]

didn't have to pull any crazy levers and go all in on OBE but it's still tempting. EIA was crazy good. USA production was the only worry but the South American pipeline down is dealing with that and soon duc count will make them shift rigs all to Permian or have decline. So take from Peter to pay Paul kinda stuff. Nat gas AECO is creeping up. Like just great all around! Let's see the numbers OBE!!!

[kavern23]

I agree man..fundamentals look sweet if we can just get through this little bit of covid uncertainity. The volume was so sh*tty pretty much on everything even though higher oil prices.... I decided to sell small amount at 4.48-4.52 that got yesterday, not upset about it as I couldnt really afford them in first place lol, ended up buying 22000 yesterday. Didnt look like we would rise futher today

[kavern23]

The market should drove er to 4.17 on market sells so far.... Glad I sold some yesterday as makes today not tense.  Hoping OBE can close at 4.25 but hard to say....could be under 4.20 Going to sit and wait this out unless YGR hits 1.31 or OBE 4.12 (acutally hope it doesnt come to this)....then go time and buying.... GL today, she is a tough day boys....

[Tim14235]

This weakness lately has always been bought up. There has been a lurker in this name for a long time.  An american buyer would not need to file anything since it is unregistered.   I think some party has been accumlating for several months.  

[Kramerkarma]

This happens forsure but us little guys know the value here and are buying dips. Very rare a new investor would walk into OBE

[kavern23]

Us little guys that buy on dips this week are not as afraid of Covid Lockdown on air travel as the large money funds. Large money funds dont like the threat of sub 65 oil (on lockdowns) so they sit on sidelines. A company can be so undervalued like OBE but doesnt matter when the funds are scared. Need alot of balls to buy this week. Large funds dont speculate. We take on more risk man as it is

[kavern23]

Kramer as long as sh*t like this is published...going to be a rollercoaster..... Covid is never good for energy prices. UK breaks Covid-19 daily case record for third day From CNN’s Allegra Goodwin in London The UK reported a record high of Covid-19 cases for the third consecutive day on Friday, recording 93,045 infections — the highest number of daily cases since the

[kavern23]

Tim...it actually has turned out to our benefit that OBE has not released any news. In such a bad market most news is going to be ignored right now. Market is for sure spooked by covid right now and prob good if news is saved until a better time. Odds are still high OBE buyers defend this at this price level through this covid variant scare.

[Kramerkarma]

I've been trying to help but out of ammo so been selling Joy to buy OBE. JOY is not very liquid so it was all I could do to sell $10k worth at 2.10 yesterday but got a $20k chunk out at 2.09 today so almost 7k OBE shares majority at 4.26 today. Now I can sell my next lot up of $4.53... might have to buy ipo with them tho because JOY isn't falling

[kavern23]

I do like your style Kramer. F*ck it...I will try buy 7000 shares today at 4.21. I would prefer on next leg up not to sell these at 4.53....anytime I sell any OBE under 4.75 it is painful even if I am making profit lol.