Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s): VET

Energy Oil & Gas E&P

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

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Vermilion Energy Inc

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Comment by whoLuLu on Nov 24, 2020 8:33am

RE:Vermilion's wounded & Momo's smell blood.....

mrmomo wrote: I hope some folks read my post "Downfall of House Vermillion" and took some of the statements i made there seriously. That was warning to some of the more novice investors in this sector. I know this sector quite well & it's ONLY purpose was to save your investment and maybe for some, some pain. Whether in the form of time, energy or money. There is a serious ongoing problem going on with Vermilion at this point in time and until that is resolved, i suggest folks AVOID this as a possible investment.

Since i basically outlined in my previous post what shape the company was in and the problems they face, i will make a few predictions going forward. First as the title suggests, the market knows Vermilion is vunerable and they will push it as much as they can. What do i mean here? Basically, since there's an enormous dark cloud over the company with regards to the viability of the company AND the sector as a whole being in trouble (and its been for quite some time), they will put A LOT of pressure on the stock towards the downside. As short postions stack & longterm investors panic & flee, it will compound the problem each time it drops. This is inevitable as vultures will see the opening and therefore will take advantage with leverage.

So with this in mind, i predict they will try to force & break the psychological level of $3CDN which if successfull could have a tremendous fall to $2.50CDN. At this point, the lenders will start to get VERY nervous AND it may lead for them to force Vermilion in a situation or path they don't agree with. Hopefully the company could avoid all this with the solutions i put forth in the last post. So either the company deals with their liquidity/debt issue soon or it will be dealth with for them by those who are owed.

So my prediction is at least ~$2.75cdn in the next two weeks or so, followed by an update from the company to reassure the market & investors including trying to stem the bleeding.

Good luck to all

U R full of it MR "know it all"

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