Jun. 12 at 7:36 PM
$BATL I'm pretty excited to be in this driller, because we know the Basin, and the wells should be viable. Same play as
$CPE
I sold
$CPE too soon. Went from .57 -
$35, and I took profits @
$21.
This is so undervalued, and misunderstood by the newbies. They are trading it like it's a hedge on OIL.
This is a baby
$XOM,
$COP,
$OXP It's an exploratory drilling company. They drill Nat Gas, OIL, and the residuals from hundreds of wells. It's one thing to talk about OIL,
$USO, and another to use this as an instrument of a commodity, because you can't afford to trade commodities. .
The Company ended the quarter with positive equity of
$157.1 million.
Current Market Cap is 31M?
Pro Traders and Funds will do very well to take away the float. It's super cheap. Same trade as
$CPE, when we bought it at .57 and it was sold to big OIL over
$35