Post by
Clemxb7 on Mar 04, 2022 2:53pm
Lots of great posts here the last few days
I didn't realize crack spreads were so high. Didn't really WCS was so high. I did notice oil is so high.
I also was wondering if it would be a strategy of Suncor to just unleash a tidal wave of buybacks now while the price is so low. They could double buying pressure if shorts are forced to cover.
I think sellers are selling because the overall market is weak and they don't think these high prices will last.
Sanctions are serious. The west will not do an about face. Thinking prices may fall back into the $70's or $80's IMHO is unlikely soon if ever.
World stockpiles all very low and falling at a time of normal builds.
Hold this baby - it is an ideal stock at this point in time . (IMHO)
My heratige is Polish/Ukrian on my fathers side. Its heartbreaking what we see on tv. Lets hope this ends soon. The stage is set already for higher prices we don't need this war for that.
Comment by
Wynjoe on Mar 04, 2022 3:05pm
I like your post clementine,GIGANTIC SPIKE COMING SOON,HANG ON TO YOUR SHARES,NO TROUBLE TO GET SHAKEN FROM THE TREE IF YOUR NOT CAREFUL. STRONG BUY AND HOLD!!!!