It's a cheap stock, which works for me. It's also in - what I believe to be - a temporary slump, so it could be the right moment to sn---h it up before it starts going up again. I can't be sure, though, which is what's keeping me from going all in. I... — read more
Could the company improve?
There's some kinks to iron out in upper management at least. I would like to see some sort of improvement in the near future for OBE.
I'm still holding
Obsidian Energy has been making headlines lately because its stock prices keep going up and down. While I don't like the fact that Stifel Nicolaus lowered Obsidian Energy's target price from C$13.00 to C$12.00. Still, as some analysts say, even with... — read more
Is OBE a good buy at this time?
Or am I too late to the party and it's already too high to jump in now? I doubt it'll stop growing soon but it seems that after reaching nearly $11, it's bound for a slowdown. In any case, this was recommended to me by a friend but I'd like to get a... — read more