RE:RBC brokerage valuation of CCCPG When was this so called over valuation? Was it in the Spring of 2020 when the price of West Canadian Select was negative?
If memory serves every Canadian oil and gas name was in the toilet at that time, and the bailliff was checking his list to see who was naughty or nice.
Now price of oil is $65-68 a barrel. That is economic pricing. The companies can now pay their staff, pay their debts and keep the lights on - maybe even do some drilling.
A few companies didn't make it through that harrowing time - like Zargon, Bellatrix, Delphi, Cequel and others I have forgotten.
That may explain it for you.
iownbmw545 wrote: was showing CCCPG as over valued when it was at 4.60 but now it is showing it as Under valued at 5.72?
anyone have any explanation for this?
I think that I am recalling things correctly.
weird how things changed. are the brokerages in on the fix to try to sabotage the stock?
after what we saw during the Trump presidency. everything must be questioned and never trust any and all fake news.
question everything! especially companies peddling financial research reports and valuations...