Suncor Energy Inc T.SU

I'm confused

[Obscure1]

On July 4th Wynjoe said:  EXTREMELY STRONG BUY!!!!!

On July 19th Wynjoe told us that he got stopped out

Today, Wynjoe said: SUNCOR IS A MAJOR SELL!!!

Based upon what management told us on the Q2 MD&A, the company was able to pour $1 billion into shareholder returns during the quarter while undergoing significant shutdowns/turnarounds at all four of its refineries.  They also told us that the company was poised to have a great second half of the year.  The only concern mentioned was the integrity of the South Wall at Fort Hills which they expected would be repaired by the end of the year without materially affecting company guidance.

I would like to know how Suncor moved from "EXTREMELY STRONG BUY" to "MAJOR SELL" in the past month.  Maybe Wynjoe has information that the rest of us don't have.  Maybe I missed the announcement where  Russia and Saudi Arabia/GCC are getting out of oil.  I guess I also missed the announcement that all the buyers of oil were suspending purchases and that the oil majors are shuttering all of their oil based operations.  Did somebody come up with a way to tear up every pipeline and street in the world to replace existing pipes with hydrogen carrying pipes this summer?  I keep looking, but I'm not seeing vast fields of solar panels or windmills where I live. 

SU traded 7.7mm shares on the TSX today and another 6.7mm shares on the NYSE.  I wonder how many of those shares were influenced by Wynjoe's powerful recommendations.

Posters attempting to influence others with trash need to be held accountable.

[Oldnagger]

Just drive down to your local corner EV station (former gas station) EV's are now lined up around the block waiting for one of the few charging stations to free up. Could take a while, since the electricity cuts out every time clouds pass over or the wind stops blowing. Don't get mad , rejoice in the certain knowledge that you are saving Kanada from the twin evils of capitalism and (not so

[Wynjoe]

oh boo whooo obscure,trading below $24.00 yesterday,and your not wondering why?lol.They are buying back shares that were issued not long ago as perks and bonuses to already overpaid employees. From mismanaging projects, to increasing their own salaries and now investing in green energy projects that will require boatloads of new funding, (WE ARE AN OILSANDS COMPANY)!!!You might put lipstick on a

[thegreattimario]

Suncor must add renewables to survive longterm and they know this. Even a small aquasition can make a difference. They should make a play for transalta renewables. This would help turn the market sentiment that killing this sp.

[Joe455]

Good idea, this ESG stuff is killing the share price.

[Tommy123]

This post has been removed in accordance with Community Policy