RE:RE:RE:RE:RE:RE:Earnings Friday May 6 Before Market OpenWorld wide recession on the horizon, local news talking about everyone staying home this summer because they can't affor a liter of petrol.
Interesting times.
Quin wrote:"LOL. I am a VET bagholder although still in the green at this shareprice level. I don't think VET shareholders are too worried. Oil is still over $100 a barrel, North American NG is $7/mmbtus and European NG is $95/GJ. VET is another O&G E&P that is printing money only they are doing it all over the world including Europe. They report earnings on Thusday and I won't be surprised to see them head over $30 a share after they report. If I was smart I would be buying into this but I hate averaging up.
There are a few bargains to be had right now especailly if you think the price of oil is not going down and demand is only going up. ENB is one of them.
Go Enbridge! ;-)"