RE:RE:RE:RE:RE:RE:Commodities price swings Below $20 ?? Could happen but very low probability. Manipulators can only go so far unless they have tremendous state backing. But as you may recall, after early 2020, drilling came to a virtual standstill. Investors who could get out of the way quickly were able to come back later at bargain basement prices. Believe it or not, one of the reasons, I like trading on margin. It gets me out earlier and lets me live to play another day !!
stockmarket1 wrote: But there are a few posters on yahoo who feel vet may trade well below $20 Canadian. Although, their opinion and only theirs and the way this is currently trading, and, with the uncertainty surrounding the oil and gas sector right now in general, they might be correct.
Oldnagger wrote: Agreed with both of your points on the windfall taxes , and the contrived commodity markets and the ridiculous proposed taxes on buy backs etc.
Yet underneath all this VET continues to remain strong and as debt gets paid down and costly hedges disappear then there will come a time when VET starts to throw mountains of cash at us.
So for me this is an incredible opportunity to amass shares at very reasonable prices. I may be wrong, but I think the odds are certainly very much in my favour !!