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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > re End miserably . . .
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Post by Indicator on May 27, 2022 12:48pm

re End miserably . . .

when oil sells off, it typically does not do so in a fashion that enables everyone in the trade to see what is coming and get to the sidelines.  Losing money is miserable for those caught in a state of disbelief when they see their investments tank.

IMHO, maintaining a strong dose of skepticism in ones investments is healthy, especially when dealing with hot money and oil.
Comment by Relaxrelax on May 27, 2022 12:56pm
So can I ask what you believe will cause a huge sell off in oil?  I don't see it.  Biden and the Dems in charge till Nov/24, no signs of any ceasefire, probably more sanctions coming than lessening, OPEC + has Russia in it so no reason to pump more to lower prices, vacation driving season coming,  a call for 20 hurricanes this summer (4th most in history),  still many ...more  
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