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Bullboard - Stock Discussion Forum Vermilion Energy Inc. T.VET

Alternate Symbol(s):  VET

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

TSX:VET - Post Discussion

Vermilion Energy Inc. > Shoulda got out, the end of May.
View:
Post by JoeDev on Jul 23, 2021 7:07pm

Shoulda got out, the end of May.

I thought when I got out of the penny stocks, I wouldn't lose as much money over the summer. I lost more with VET in the last 2 weeks than I ever lost with the pennies. Guys on BNN say they won't touch VET because of its volatility. I can see why.
Comment by PipelessPauper on Jul 23, 2021 7:18pm
Im with ya.  It’s been a frustrating cpl weeks with my oil stocks. im down close to $250,000.... ~ $170,000 on VET (largest holding) alone. But I bought another 40,000 shares of VET.to Monday... so I’m hopeful!!! eventuallly oil stocks will be priced properly for how much money they’re minting at $72 WTI.... I just don’t know when  but I’m gonna stick around and find out  $100 ...more  
Comment by JoeDev on Jul 23, 2021 8:04pm
I out wish I could get into jumping out in late May or June like the smart folks. Then buy back the stock in late Sept or Oct at a discount . But in my 15 yrs of trading I could never do it. So I always lose big time over the summer. I gotta learn to take some off the top. Have you ever seen a stock go up in the Summer Outside the Pandemic? I haven't.
Comment by Dumpinvestor on Jul 24, 2021 9:14pm
Joedev..you got the most honest post of the year...haha...I do have the same problem..
Comment by Dumpinvestor on Jul 24, 2021 9:10pm
I am with you guys too, but luckily, I reduced my positions in oil and gas stock to 20% of my porfolio sometime in early June...so I felt frustrate.. but not a lot of pain. So the stock prices go down, I am not worry much. I believe oil and gas stock would be good for the next couple years..all we need to do is patient..patient...let Wall Street guy play the game...
Comment by ronster65 on Jul 25, 2021 8:36am
Smart money bought this when it tanked on March 20,2020. Now that was a no brainer! Everyone screamng, "The sky is falling" while smart money was buying. During that one week I 8 bagged my entire Oil and gas position cause one thing that is not going away for at least 50 years is....Oil and Gas! Now Like smart money Im not so short sighted to flip the shares I bought back then for an ...more  
Comment by PipelessPauper on Jul 25, 2021 12:00pm
‘Im saying that right now!!! god bless the hysteria that drove oil to $-47 and allowed me to get this stock in the 4’s.... i am forever in “the sky is falling” folk’s debt...
Comment by lashing on Jul 23, 2021 9:40pm
If guy on BNN knew what he was talking about why doesnt he daytrade it? Oh right, cuz he doesnt know.
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