Crew Energy Inc T.CR

Alternate Symbol(s): CWEGF

Energy Oil & Gas E&P

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include Septimus / West Septimus, Tower, Groundbirch, Attachie, Oak/Flatrock and Portage and are situated in northeast British Columbia. Its operations include liquid-rich natural gas and light oil production from the siltstone Montney formation. At up to 300 meters thick, the Montney is developed with long-reach horizontal wells, completed with water-based fracture stimulations. It holds a land base of over 264,000 net acres, out of which approximately 225,000 net undeveloped acres in the Montney with condensate, light oil, liquids-rich natural gas and dry gas.

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Crew Energy Inc > The Group Pushing The Price Down Got Their Signals Crossed?

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Post by BeatTheOddsSquaon Apr 13, 2021 8:45pm

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Post# 32990349

The Group Pushing The Price Down Got Their Signals Crossed?

I love to watch the close on this ticker as it is always entertaining.

The group controlling the share price had it nailed down at $0.98 which is a significant physcological trigger. When Crew breaks $1.00 shareholders fear the worst and may spend a sleepless night deciding if they should unload their position.

As I mentioned before it is the usual cast of characters working together. TD, Merrill Lynch, Anonoymous, CIBC.

Checking the chart you can see they had $0.98 nailed until 39 Merrill who must not have gotten the memo, perhaps sold at the wrong price ( $0.99) at the 16:00 mark. Too funny!

This group will continue to control the closing price, using a small share position (< 500 K shares) until Dale provides some sort of asset sale results or operations update or until the 2021 Q1 Financials are released.

It can be tough to hang in there when the share price is dropping but remember we are a little more than 3 weeks away from the Q1 report which we expect to be exceptional. The Q1 report will hopefully include an update on the 6 wells completed and on production from the 3-32 UCR Pad and hopefully updated info on the other 25 or so wells that Crew has drilled or is currently drilling.

This downward trend may be a "shakeout" ahead of positive news. Exciting times ahead.

Recent Trades - Last 10 of 798

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
16:00:00	T	0.99	-0.04	100	1 Anonymous	80 National Bank	KQ
16:00:00	T	0.99	-0.04	100	7 TD Sec	39 Merrill Lynch	KQ
15:59:59	T	0.98	-0.05	500	7 TD Sec	79 CIBC	K
15:59:59	T	0.98	-0.05	1,100	7 TD Sec	79 CIBC	K
15:59:59	T	0.98	-0.05	2,300	7 TD Sec	79 CIBC	K
15:59:59	T	0.98	-0.05	1,000	2 RBC	79 CIBC	K
15:59:59	T	0.98	-0.05	1,300	7 TD Sec	79 CIBC	K
15:59:50	H	0.99	-0.04	100	1 Anonymous	79 CIBC	K
15:59:30	X	0.98	-0.05	100	1 Anonymous	39 Merrill Lynch	K
15:59:02	M	0.98	-0.05	20	80 National Bank	80 National Bank