Suncor Energy Inc. T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc. > What if the Shorts knew

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Comment by Experiencedon Feb 26, 2023 10:59am

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Post# 35305762

RE:What if the Shorts knew

Very possible scenario...

Here's my approach

Following the Cheney approach during the first gulf war...

1..there are known knowns

There are a lot of short positions which have to be filled at some time and when they cover it will be coordinated and the SP will go up

2...there are known unknowns

I don't know what Elliot is up to in terms of strategy

3...there are unknown unknowns

Haven't a clue

So based on the known knowns, I will sit on perch not really caring what is going on in the backrooms and if the shorts take the SP down a decent amount and there is a SP reversal on big volume I will jump in and ride the wave and then get out.

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