TSX:HSE.PR.B - Post by User
Comment by
mrbbon Jan 11, 2020 7:12pm
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Post# 30543023
RE:Closed my position
RE:Closed my position also because analysts on BNN media only pumps SU, CNQ and cenovus.
onec007 wrote: I sold out all of my 19K shares at 10.61 but have re-added back down at 9.95 to 10.12
I am really waiting to see whether it will break below the 200 MDA or if that is support, but so far I have only bought back 25% of the shares that I sold. I would like to buy it all back and add maybe another 7-8K shares more, but it all depends how oil will trade. Totally conflicted as the $60s breach didn't really do much for the price of HSE but I just don't think that the price will remain this low by next year. This sector has just shown that it burnt way too many investors and people are remaining cautious hence the avg down approach.
Anyway long and looking to get even longer but still hessitation as it could fall back to $9s easily because it's oil