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Bullboard - Stock Discussion Forum Suncor Energy Inc. T.SU

Alternate Symbol(s):  SU

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... see more

TSX:SU - Post Discussion

Suncor Energy Inc. > Sp movement.
View:
Post by thegreattimario on Oct 20, 2021 11:19am

Sp movement.

Now that we are no longer moving up in conjunction with the price of oil the big question will be how far and fast will the sp fall if the price of oil retreats.
Comment by stwatcher on Oct 20, 2021 11:44am
Exactly!! Almost 84 dollar oil and we drop 
Comment by angelnicky on Oct 20, 2021 11:56am
the market I beleive  doesnt like the strategy the CEO and board implemented and hence why su is not moving ,  you are right , once price on oil starts to drop, there will be a huge exdous and drop in share price 
Comment by stwatcher on Oct 20, 2021 12:08pm
I think something will be announced that is very unfavourable as the short position has skyrocketed the last 15 days
Comment by Obscure1 on Oct 20, 2021 1:19pm
stwatcher:  I would be interested to see where you got your data on how the short position has skyrocketed in the last 15 days.  I was able to find that the short position dropped by 4 million shares in September but I don't have anything more current.  I don't monitor short positions but I can see the value in doing so. TIA
Comment by NPCexe on Oct 20, 2021 2:11pm
I think he's just short and desperate XD
Comment by stwatcher on Oct 20, 2021 2:28pm
I am not short I am long .  https://shortdata.ca/stock/SU.TO
Comment by angelnicky on Oct 20, 2021 2:31pm
why did Warren Edward Buffett leave Suncor, 
Comment by bigbear4511 on Oct 20, 2021 4:08pm
Follow Buffets own adivice then.
Comment by Obscure1 on Oct 20, 2021 2:51pm
stwatcher.:  Thanks for the reference.   I bookmarked the site and keep an eye on it Pablo:  No single metric is worth much if taken in isolation.  The PtoB metric in my example was to show how SU is expected to show an extraordinary return on investment next year.  Comparing PtoB across companies is a perilous path unless you have a clear understanding of the age and ...more  
Comment by Experienced on Oct 20, 2021 5:10pm
SU Short interest TSX - Sept 14       159,787,975 Sept 29        117,441,585 Oct 14            98,795,168 No indication of a runup in the short positions. That said, is there something up with SU in terms of some bad news coming in the 3Q report? Based on past experience, I would say that there is a high probability that there is ...more  
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