Suncor Energy Inc. T.SU

Question for Migraine

[Obscure1]

Do you think oil prices are finally going up again or is the action for the past two days just a head fake?

I added 12,900 shares of SU a couple of weeks ago for a trade.  I have been down most of the time since then but am now up a buck per share. 

Sell and take a small profit or hold?

[MigraineCall]

Going up. Might not be in a straght line, but we need to get past this summer, and into fall winter for the market to see some clarity, and continue up to where it should be, in the 50s and more. Market seems like it wants to catch up with the indexes now, and volume selling has abated. We have some bullish news that some oil pipelines from the gulf are down due to a leak, damage from a past

[Obscure1]

Thanks

[w8asec]

Hi Obscure; You could consider taking your dollar profits and moving to a couple of smaller peer stocks that may have more upside potential. CJ - debt free soon or now and paying 6.9% divy,,, increases promissed GXE - Now debt free and giving back to shareholders @ 8.6% divy Good luck... don't fight the tape...SU's a pooch

[MigraineCall]

Yes, Cardinal should be a great buy right now. I almost doubled down on it as well, but I decided to wait a week more for my MEG options to mature and cash out. Share price action yesterday was flat while others soared as many were upset that they kept the dividend the same when the market expecting a boost. It has a limited float too, so the daily share price is easily pushed around. The