RE:RE:RE:Why is CPG down so much- like 5.62 then down .10 The stock market pays for forward looking not for what's here and now.
Take a look at the tech stocks. Tesla, almost 800 billion valuation. Nio 70 billion, PLTR, CCIV who hasn't even sold a vehicle yet. These are all values in the billions. Remember canopy growth. Valued in the billions when it struggled to make any money quarter after quarter.
The stock market knows that oil and gas are fading out of our environment and everything is going green.
Therefore the stock market ( big players ) want nothing to do with oil and gas. The big money has moved onto other sectors and doubt will ever come back to oil and gas for long term holds. And when it's prominently retail share holders holding the stocks their very easy to manipulate. When big institutions are holding large amounts of shares other institutions can't come in and play games, with retail holders they know they can drive the price down easily way below fair market value, making the retail holders believe they must have missed something when they bought, or they made a mistake and will sell at a loss and move on, big players won't get spooked into that fear but as retailers were all wired the same, we cut our losses when we see blood and doubt ourselves and the reason we bought the stock, we watch it crater and sell and then when the short squeeze happens and it runs back up we rethink our decision and buy in again once it reaches it highs again. Then the big players come in and rinse repeat.
If you bought the stock, stick with it unless the company ( not bnn or CNBC or any other analyst that's paid the bash ) releases bad news, if the company keeps doing what brought you to purchase the stock keep it. Don't be a pawn for the players.
Wait for the stock to reward you. Oil and gas is the most manipulated sector in the stock market right now so stop doubting yourself for owning it because if the manipulation. Oil and gas will come back at least once or twice before it goes away for good. Sit back. Wait for the spike. Grab your profits and then move into EV or environmental stocks that haven't been over inflated.
My only worry is waiting for oil and gas to come may take time and I better not see a market crash due to the over inflated tech sector taking all stocks down with it.