RE:RE:Buyback coming as surprise in Q1?Mrmomo,
You have people on these boards who are sharing their thoughts. Good for them, especially the ones who do not post often. It is your right to disagree. However, why do you have to be condescending or insulting? What value do you get from these boards? It seems like you are always right, and if people do not agree with you, you insult them.
Fine, we are all idiots on the Crew Stockhouse board. Why are you reading our posts?
I am not questionning your stock market knowledge, you clearly know the stuff, but you need to work on your people skills.
mrmomo wrote: NikoDoughski wrote:
"Buyback coming as surprise in Q1?Thinking they are likely to launch a buyback given the liquids rich Septimus wells which should be free cash flow positive creators."
You see folks........This type of thought process,THIS is the problem with most investors who don't know squat of WHY they should get into a certain stock or sector. This type of false & misleading reasoning is why most people lose money in the market. Why in this case? Because first, buybacks for a small operation like Crew, where liquidity is always a BIG issue, especially NOW, BUYBACKS are a BIG was of money and a VERY ineffective, inefficient means to deploy cash for the company.
While investors like Mr. Niko, and just about everyone else here is taking a page from Nagger's 10 step process to unsuccessful investing (on sale on Ebay for only $3.99 for the first 1000 subscribers btw!) ....and focusing on the inconsequnetial micro-economics, Crew & everyone else in the sector is getting totally destroyed by the MARCO-economic factors most inexperienced & not particularly perceptive or smart just completely dismiss......
"Started buying some CREW today.Pick up some cheap shares before going HAM on building out the broader corporate plans as LNG comes online and AECO prices rip. We are long and buying more here. IMHO." While i'm always VERY SKEPTICAL of folks who post from inactive accounts, like this one, i'm always open minded & always give everyone the benefit of the doubt & a chance to show what they really know about this sector. With this said though, anyone thinking this is CHEAP because it's cheap from a TA point or because it's at $4, and their professing & publicizing they're buying for that reason & nothing more....i always have BIG reservations about their motives........And if i didn't know ANY better, this account from Mr. Niko sounds, talks & walks like an Alt account from RetiredCF.......
"Brussa spreading the word on Crew's greatness in Calgary last year." As for Mr. Brussa & Team, Maybe instead of going on a Victory Tour like Bon Jovi telling people how great they are or will be.......maybe both Mr. Brussa & Mr. Dale should have been busy focusing on HOW they, a small unimportant & most likely to be forgotten operation like Crew, will survive this next round of extremely low NG pricing and MAYBE taking some critical steps to avoid what happened in 2020, by picking up the phone and making a few calls to some VIP he needs. What Crew needs here is a FAREWELL tour.....not a Victory lap..... Just say'in.............
GLTA