Obsidian Energy Ltd T.OBE

When China announces major stimulus program not if

[thetruth54]

When China announces major stimulus program sometime probably befor ethe end of the year not if wti will go over $100.Obe might even break $8 when that happens. Pathetic!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[thetruth54]

Oh I forgot to add that when that happens Loukas will come out with one of his charts and tell you how great the company is doing. But all long term Obe investors know the truth: horrendous valuation and no dividend is the legacy of Obe to date.  It is pretty sad when all you have as an investor is the hope that Obe gets bought out by some company who hopefully can do something with great

[masfortuna]

Than why are you here? Sell mate and move on.

[thetruth54]

Someone needs to tell the truth. You can't take happy talk to the bank. All I read in these posts is about OBE potential and its wonderful assets. But the OBE management never does anything for tthe investors to realize that potential. Management has been getting rich while the investors get a ridiculously under valued equity with no dividend. Does the truth hurt you so bad that your only

[Franman184]

i did not purchase this stock for dividends today. I do want management to get the best value for the profits they make. Buy stock back when its under valued. Which they have done. Pay down debt to a resonable level and then start a small dividend that you know you will never have to cut. Again I will give them a couple of more quaters to get this done. If not I will invest elsewhere. 

[masfortuna]

Ummm...The shares I bought were bought at $2.  So I am happy with my 500%.  You???

[thetruth54]

My cost basis after averaging down many times is $.47 US presplit. But that is irrelevant when analyzing an investments potential. That only measures the ability of the investor in purchasing an equity. I  have done a good job as an investor in the level of my cost basis. But Loukas and company have performed horribly in attaining a decent valuation for OBE. That is why I am very angry as

[masfortuna]

So go buy an oil stock with a divy.  You should look at TVE GXE CJ to name a few and see how their sp has performed. 

[thetruth54]

Why don't you just stop with your happy talk stock pumping? When I need your ridiculous rose colored glasses to view stocks with I will ask for it. Until then I choose to see the reality which is that OBE is worth $20 plus US and right now it isn't even $8US. Only a moron would be happy with this kind of valuation and that my friend is the truth.

[masfortuna]

You sir are a clown. 

[thetruth54]

You stated you are happy with OBE's valuation at around 7.67 US when OBE has a reserve valuation of $20 plus as I am writing and you call me the clown. I think you are projecting in your accusation. 

[CoPilot99]

so JOSH, you are suggesting this as a STRONG BUY as it is currently VERY UNDERVALUED.