Post by
Transat500 on Dec 11, 2020 10:36am
2021 in some 10 trading days
Will be interesting to see SP after the loud downside pressure of tax loss season and fast exit before year end from some big finance organisations moving away from oil.
Could go in only one direction: UP.
Comment by
Mtklip on Dec 11, 2020 12:10pm
Up is a no brainer, Suncor was very resilient post the 2014 crash because the refining offset the oil downward pricing, and they had the gas station. Covid hit all three segments. With covid under control in the horizon, the market is pricing in normalization of the business.