Tamarack Valley Energy Ltd T.TVE

Investors not liking the Capital Budget?

[doggiestyle]

TVE is down disproportionally today after this budget release. WTF - Too much capital spend and not enough for shareholders?

[bubba9]

So is today a dump day or a load up day ???

[HighOctane89]

No liquidity , let the algo's squeeze lemons for a few more days . Tomorrow will be devoid of bids and the market maker will ensure a real lousy price at the close just for the psychological weight of losing money on John Q Public . Monday the algo's will further turn the screws until the weak hands knuckle under and run but if you have cash , this is what you have been waiting for . The

[doggiestyle]

I'm not selling my Oil stocks (including TVE) but thinking of shorting crude (SCO) for a few days while this capitulates?  I am scared to go short over the weekend though as this spring is coiled pretty tight.

[HighOctane89]

Man I can't stress enough , shorting WTI here would be very high risk , I would be very concerned with that trade swinging in the wind at $72/b . Next Friday is triple witching where the Jan contract expires , keep that in mind . You can take a beating in minutes trading derivatives , especially with low liquidity .

[doggiestyle]

I agree. I was just thinking about doing it as a hedge against further losses in my OG portfolio but at this price I think I've missed that trade

[HighOctane89]

Yeah I don't generally stick my nose in anyone elses business doggie but both trades can lose money at the same time . There is no logic in this market and sanity dictates being hands off when total lies are broadcast and traded on like they were gospil . If we had a market with real oversight this behavior would have people charged and procecuted for market manipulation . Unfortunately you

[stocktalk]

Nuttall is dumping !!

[Oldgreyguy]

That would be very surprising as he knows what an undervalued stock looks like.  I believe this latest dump comes from a comment Steve Buytels made during the webcast where he said that the debt level for enhanced return might move from Q2 to Q3 2023.  This is crazy if you take any kind of longer term perspective.  I don't day trade so a couple of extra months is meaningless.

[raven16]

Just For You stocktalk .............. There is freedom of speech, but I cannot guarantee freedom after speech.