RE:RE:RE:RE:RE:Vermillion Is On The ListJust right now, you can't look at the price of Crude and assume that Vermilion's stock price will follow a similar pattern. Brexit worries are playing havoc with this stock due to its European exposure. Today, Britain's parliament voted "No" to the latest (and last?) Brexit deal offer from the European Union; so now, the prospect of a "No Deal" Brexit appears quite imminent. This will virtually shut down commerce (trade-related commerce) in Britain and its EU trading partners, at least for the short to medium term, as nobody will know what the rules are. A large segment of Vermilion's production is from Britain and the EU, so uncertainty over the situation is leading some to "sell now, and ask questions later". For myself, I'm disappointed that I didn't anticipate this coming earlier this month, as I should have known that both Britain and the EU would each be too stubborn to come to an amicable and agreeable deal, and that any lingering uncertainty would hit stocks with European exposure, like Vermilion. Unfortunately, it's probably a bit too late to react now.
freedomfiddy wrote: When oil is going thru the roof, it's not a good thing to have VET going down. Period. Not good.
GLTA! C