Replies to post #67663 on Savvy Trades and Investments

[ecoblot]

BCEI Thanks for your analysis. There seems to strong support at 19.96.
Finally some large bids there. I bought at 20.10 today.

[cliffvb]

BCEI It's really strange the way analyst' estimates bounce around so much for this one. According to TdAm historical avg. analyst estimates for BCEI:

Going into 2017,the average estimate for 2020 was a mere $1.28. In spring 2017, it then dropped to an estimated loss of 92c for 2020.
By year end 2017, it was back up to 64c est. eps.
By spring of 2018, it had shot as high as $8.04 and ended the year at $5.86
In 2019 the average est for 2020 ranged from $4.57 to $7.90.
Current 2020 eps est is $5.62.
I recognize oil prices have moved up ad down over the last 3 years but they haven't been that volatile.

Maybe BCEI anal-ysts need some prozac.