Post by
regardless on Nov 17, 2020 12:24pm
building a base here
building a floor and a base here for next upleg...target 6.50$
Comment by
regardless on Nov 18, 2020 1:47pm
Like I said yesterday it's building a base .... has not appreciated as many others have this week but if the close of the day is at the days high or beyond this could be setting up for a classic 9-12% run day just before vaccinex approval news wich I expect this weekend
Comment by
regardless on Nov 24, 2020 5:24pm
Definitely has built a base but has certainly lagged its peers in this last run up of oul and gas any thoughts as to why?
Comment by
Robertboblaw on Nov 24, 2020 6:01pm
I feel the same way. Given seven gems quality production and liquids rich revenue I would have thought it would have caught up to arc by now. Higher oil would really benefit vii no ? Is there something I'm not aware of, hedges on oil out of the money right now or something? It's doing ok but it does seem to be lagging it's peers quite a bit though
Comment by
Robertboblaw on Nov 24, 2020 11:14pm
This is definitely a company ppl should know about. Canada's biggest condensate producer and ngl producer should be up there with tourmaline and cnrl and (formerly) encana imo. Especially given their potential if oil and gas peices take off due to lower production in the Us if US shale is indeed in trouble as many are predicting. I'm definitely long on this.
Comment by
topdown99 on Nov 25, 2020 11:27am
Yes Robert , I agree Canadians should know who VII is but the reality is they don't . How often does bnn even acknowledge the O&G sector ? Visibility and PR are one of the biggest components missing in this equation .
Comment by
regardless on Nov 25, 2020 11:42am
Typically the last 6 weeks this stock drops a few percent today and tomorrow... however it's holding amd in some frames it's up ... of it closes green today we may just get a 7-10% day this week we are so far behind other producers in this layed oil rally it has got to shift our way here