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Bullboard - Stock Discussion Forum Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc., formerly Crescent Point Energy Corp., is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas... see more

TSX:VRN - Post Discussion

Veren Inc > Need to break $6
View:
Post by BearBullMarket on Jun 02, 2021 11:08am

Need to break $6

If we break $6- next stop $8-10 bucks in a hurry,,,Lsst time oil was at this level CPG was $9.60 and had more debt...we should be higher now.

BBM
Comment by highalpha1 on Jun 02, 2021 11:20am
Comments like this make me question my investment plan. I had told myself that I would sell 1/4 of my position in CPG when it hits C$6 as I am holding way, way too much of this stock. I didn't anticipate we'd be flirting with $6 this quickly -- I was expecting it to hit $6-$7  post Q2 earnings release. But if we have bullish inventory data tomorrow morning, we may break into the $6 ...more  
Comment by KozmoT on Jun 02, 2021 11:49am
LOL, I'm the same only my sell price is a lot higher (cuz I paid a lot higher - sigh)  If I had a nickel for everytime I said I'd sell and I held, I'd have a lot of nickels.
Comment by highalpha1 on Jun 02, 2021 5:46pm
@KosmoT: This is why one should not question their investmnet plan on a particular company (unless, of course, fundamentals have changed). Once it hits an inidividual's target price, the individual gets the sense that it will continue to go up. It may, but it may not. I wouldn't use your breakeven price as your sale price as the market doesn't particularly care what you had paid for ...more  
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