RE:RE:RE:RE:nat gas up almost 9% right now..Good points, Quint. And I thought his recession talk was a load of garbage as well... Not that there won't be one; heck we're probably in one now. My point is the entire world was completely shut down at the same time at the start of Covid and global demand was impacted by less than 20 per cent. This is nothing, given our chronic and growing state of global unersupply.
Most OPEC countries are significantly under-producing their targets each month, to say nothing of Russia, which will be on par with North Korea in terms of an accepted global trading nation moving forward.
With so many headwinds, Canadian energy is the place to be. And ARX is still wildly undervalued and due for a significant move higher in the near-to-mid term.
Cheers and GLTA ARX longs.
Quintessential1 wrote: Your mom will go lower (if thats even possible),
This stock will see 20 before the Q2 ER. It is well on its way there now.
I don't like turbochargers. They burn out. Slow steady rises with neccessary pullbacks that allow share buybacks, newbie investor buy-ins and existing investor top ups is the way to build a strong dividend payer.
GLTA Longs
angelnicky wrote: as long as the product is hedged, this stock will never turbocharged????????
It will see 15 before 20 and then go lower as the demand drys up with the recession.