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Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > A lot of short covering and potential to close above $1.50
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Post by rexrex on Jan 06, 2021 9:44am

A lot of short covering and potential to close above $1.50

Lots of room for TVE to run before it catches up to other oil stocks....shorts will start covering gadually...oil rebounding., vaccine rollouts....more positives...expect TVE to reach $1.50 in short order...imo
Comment by kingshane on Jan 06, 2021 11:18am
$1.50 could be the top for awhile. Need buyout to get this to $2. Unfortunately this is where we should already be. 
Comment by Mtklip on Jan 06, 2021 6:52pm
No it doesn't need a buyout, it needs $50 + oil.
Comment by kingshane on Jan 07, 2021 10:21am
50 + 9 and thats not happening anytime soon unless war. Post covid yes. long ways from that. Buyout needed for more upside. 
Comment by Mtklip on Jan 07, 2021 11:03am
Their stock was recently at $5 bucks, sure oil was a bit higher, but they have made an accretive acquisition since then. If oil stays at $50 for a longer period of time, tve will head to $2 + range.
Comment by diceslinger on Jan 07, 2021 7:37pm
a top rated analyst upped it to 2.25 today
Comment by Mtklip on Jan 07, 2021 8:22pm
a top rated analyst upped it to 2.25 today Do you have a link?
Comment by diceslinger on Jan 08, 2021 1:09am
its on my td webbroker acct.......national bank's dan payne ranked 350 out of 7196.....rating, buy......target, 2.25
Comment by Mtklip on Jan 08, 2021 10:30am
Thanks
Comment by Mtklip on Jan 08, 2021 3:43pm
good relative strength today. This seems to have little downside trading.
Comment by khyber2 on Jan 08, 2021 6:42pm
Can anyone tell me ,why most oil stocks went down today , with oil up so much today? Khyber
Comment by Mtklip on Jan 08, 2021 7:10pm
Friday is profit taking day especially after a big run.
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