Cenovus Energy Inc T.CVE.WT

WOW..what a move!!!

[downwithdotcom1]

CVE just below $22 barely 2 months ago and now over $29.....for the nay-sayers ERIC the "entertainer" had been calling out CVE continously in his top 3 picks for more than a year as part of his larger thesis of buying OIL, buying HEAVY OIL and buying CDN producers. 

Even thou its still one of his favs he actually REDUCED his position (as he did with MEG) and moved down the value chain to make both BTE and CPG his most recent #1 picks just because the seniors have appreciated so much...I did like his comment about "its so much harder when to decide to sell" .

I own all 3 - got burned abit with BTE buy buying early but i'm back now in the green. my dark horse was establishing a position in VET-Eric N never liked it even thou it was super cheap- too spread out, lo reserves etc but funny enough ERIC SPROTT did which compelled me to do my DD and buy..

Lesson for kids, never worship these experts, take what THEY say along with YOUR OWN thinking and DD to make informed descions on what to buy /sell.

So now what to do??? ALL PROFITS good, shorter term i'm expecting BLOW-OUT Q1 numbers across the board with even better outlooks going forward, will hold ALL and see what happens..thoughts???

[Megasupreme]

There are a lot of positives going on with CVE. IMO hitting the debt target of 4B, raise the dividend and share buyback will go a long way bumping share price to the 30's.

[tinkvid]

Took half off at $29.00....Holding the rest for future growth.....What a ride!

[mnztr]

this is my 3rd trip to $29 since I bought for $20 but I wanna hold to hit the debt target cos they have a record of paying special divvie. They have a lot of upside coming on stream as well. 

[ztransforms173]

- it was UNDER $ 20 in the THIRD WEEK of January 2024 - FIRED a FLARE to RELOAD z173

[Fuzman5902]

Still undervalued to it's peers.