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Bullboard - Stock Discussion Forum Crescent Point Energy Corp T.CPG

Alternate Symbol(s):  CPG

Crescent Point Energy Corp. is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area... see more

TSX:CPG - Post Discussion

Crescent Point Energy Corp > Time to burn the shorts here!!
View:
Post by JTDOUBLE on Feb 04, 2022 1:15pm

Time to burn the shorts here!!

Manipulations at work here !!

Keep pounding here cowboys and cowgirls !!

Time to burn the shorts here!!

Bte did this last week , now Cpg time !!
Comment by Zynder on Feb 04, 2022 1:25pm
To burn shorts how about declaring a special dividend of 0.50? Make the shorts buy back their shorts or they have to pay the dividend to the shareholder that they borrowed the shares from. Z
Comment by Moemoney42 on Feb 04, 2022 1:39pm
Agreed Zynder.. I've mentioned that before and would certainly catch the shorters off guard.. as far as the divi increase I don't think we'll hear of one until the March expiry of the NCIB.. it would be counter productive to the NCIB to have the stock jump on a divi increase, so I think management will wait that anniversary date out to get the best bang for their $100 million bucks ...more  
Comment by DaveInvestor59 on Feb 04, 2022 1:49pm
They need to do something oh, that's for sure. It's ridiculous that this stock is barely in the green today and has dipped into the red
Comment by Moemoney42 on Feb 04, 2022 1:58pm
well hopefully we can get a rally into the close..??
Comment by JTDOUBLE on Feb 04, 2022 2:10pm
PE ratio of 3.. It is very cheap considering the earnings potentials with rising oil!! Travis Wood from National Bank raise price target yesterday at 15.50!!
Comment by Moemoney42 on Feb 04, 2022 2:18pm
I show a P/E of only 2.27 currently.. lots of room to move up IMHO.. 3 might have been the number at the height of the day today..?? IMHO it should be trading at a P/E of at least double the 2.27 to 5.4
Comment by Moemoney42 on Feb 04, 2022 2:21pm
Almost trading like a stop loss raid now.. sure doesn't make sense that the amount of revenue increases with these higher oil prices isn't triggering buying.. wierd..!!
Comment by JTDOUBLE on Feb 04, 2022 2:55pm
Comment by darb on Feb 04, 2022 1:36pm
Management could burn the shorts immediately if they increased the divy and paid it monthly!
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