RE:RE:RE:sold at 10 Canadian I agree as well. There is more upside to these shares because the upcoming months --balance sheet improvement, cash flow etc --- haven't been factored in just yet. This game just started year to date imho. 2021 and 2022 will bold very well for this sector. By mid 2022...who knows.
Sure, the volatility will surely be present in this sector due to it's nature but as for selling, again, i still think we'll see $15 a share for this. I won't sell any until it gets nicely above $15.
quote=Moemoney42]
I agree Lashing.. starting with Q1-21 the gains in FFO and FCF are going to show the doubters that there's huge payoffs coming... many of these oil stocks are only at 1/4 or 1/3 of where they once traded before the FCF and cleaner balance sheets were on the horizon.. ;-) lashing wrote: If you bought a $3 or $4 then sure, why not take the cash and de-risk. But you're likely giving up profits. We've suffered thry a terrible downturn. The upturn is not even born yet, its still in the womb growing. We're headed for 70 wti MIN this summer and thats with production increase. Earnings in 3 months will be VERY good accross the board with oil co's and retail will be clamouring like oil's a shinny new penny
oilgenious wrote: will buy back next dop crude invemtory getting too high
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